There are different ways to move your retirement funds from a TSP to a Roth IRA, and taking the wrong step could prove costly.  ( 18 min )

Silicon Valley Bank (SBV), a prominent lender to the technology industry, was shut down by federal regulators Friday in one of the largest bank failures in U.S. history,  ( 1 min )

U.S. stocks finished a down week with additional losses on March 10, with concerns over the fall of Silicon Valley Bank dragging down the markets.  ( 1 min )

News of the day for March 10, 2023  ( 1 min )

As SoFi shares fell Friday amid the fallout over Silicon Valley Bank's collapse, the financial-technology company's chief executive bought up stock.  ( 24 min )

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(Bloomberg) -- Peter Thiel’s Founders Fund had no money with Silicon Valley Bank as of Thursday morning as the bank descended into chaos, according to a person familiar with the matter.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Everything We Know About the Bank’s Collapse Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s  ( 47 min )

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(Bloomberg) -- Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that led to its failure.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise  ( 48 min )

The JPMorgan Equity Premium Income Fund (NYSEARCA:JEPI) has become a hit in the ETF world thanks to its 12.2% dividend yield and its monthly payout. While many investors are likely familiar with JEPI thanks to the considerable level of fanfare it has garnered as it has grown to $21.8 billion in assets under management (AUM), they may not be as familiar with JEPI’s newer and somewhat less heralded cousin — the JPMorgan Nasdaq Premium Income ETF (NASDAQ:JEPQ). There are some notable differences be  ( 49 min )

Deliveries of the wide-body jets had been halted in February over a regulatory documentation issue.  ( 26 min )

Streaming platform Roku Inc. on Friday said it “does not know” to what extent it would be able to recover the cash it has deposited with the recently-failed...  ( 22 min )

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For all the angst this week about how troubles in the crypto industry are fueling a banking crisis, the reality, so far, is actually something else: Of the two banks that went under, the one squarely focused on crypto – Silvergate Capital – escaped the black mark of a federal bailout.  ( 49 min )

Apple's annual shareholders' meeting was held on Friday and despite some controversy and disagreements, the company won support for each of its voting proposals.  ( 11 min )

(Bloomberg) -- The problems that triggered SVB Financial Group Inc.’s death spiral were hiding in plain sight in the firm’s earnings reports.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founders Fund Advises Companies to Withdraw Mon  ( 48 min )

The e-signature company warned of a worsening macroeconomic backdrop, and analysts raised concerns about stepped-up competition.  ( 24 min )

Grantham blamed a “horror show” of Fed policies for a bear market he says likely won’t bottom out until late next year.  ( 47 min )

The bank, whose shares have lost 35% of their value in the past week, sought to calm investors on Friday.  ( 26 min )

President and CEO Greg Becker sold $3.6 million of shares through a trading plan in late February. The company didn't immediately respond to a request for comment.  ( 23 min )

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(Bloomberg) -- SVB Financial Group’s record plunge on Thursday minted short sellers roughly half a billion dollars in paper profits. But they now face a challenge: how to close their positions.Most Read from BloombergSilicon Valley Bank Swiftly Collapses After Tech Startups FleeOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thi  ( 46 min )

There were 561 bank failures from 2001 through 2022, according to data from the FDIC.  ( 26 min )

(Bloomberg) -- Startup founders are beginning to worry about whether they’ll be able to keep paying employees following the failure of Silicon Valley Bank.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSilicon Valley Bank Swiftly Collapses After Tech Startups FleeSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founders Fund Advises Companies t  ( 48 min )

SVB Financial faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cash.  ( 29 min )

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The giant brokerage firm's stock dropped as much as 20% on Thursday and Friday.  ( 23 min )

(Bloomberg) -- Silicon Valley Bank became the biggest US lender to fail in more than a decade after a tumultuous week that saw an unsuccessful attempt to raise capital and a cash exodus from the tech startups that had fueled the lender’s rise.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founder  ( 48 min )

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Here are some questions and answers to help explain what happened.  ( 24 min )

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(Bloomberg) -- The worst two-day stretch since 2016 for Charles Schwab Corp. looks like a case of bad timing for the buyers behind a large block trade in the brokerage.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advise Pulling CashSilicon Valley Bank Collapses in Biggest Failure Since 2008Peter Thiel’s Founders Fund Advises C  ( 47 min )

SVB Financial Group, which was shut down by regulators on Friday, was a lender to clean energy firms like Sunrun, which is the largest residential solar developer in the U.S.  ( 24 min )

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The spike in interest rates has been devastating for the value of their securities portfolios, meaning many carry around billions in unrealized losses that could pose a problem if funding dries up.  ( 49 min )

By John Jannarone Shares of Philadelphia-based regional bank Republic First Bancorp, Inc. (Nasdaq: FRBK) jumped as much as 10% Friday morning after the company announced it had agreed to a $125 million equity capital raise, the culmination of a strategic review it began in September. The bank said it would sell shares to affiliates of […] The post Republic First Shares Jump 10% on News of $125 Million Capital Raise appeared first on CorpGov.  ( 47 min )

Silicon Valley Bank has been closed by the California Department of Financial Protection and Innovation, and the Federal Deposit Insurance Corporation (FDIC)...  ( 23 min )

JinkoSolar Holding Co., Ltd (NYSE: JKS) reported a fourth-quarter FY22 revenue growth of 85.5% year-on-year to $4.41 billion, beating the consensus of $3.81 billion. The sequential and year-over-year increases were mainly attributable to the rise in the shipment of solar modules. Quarterly shipments of 16,802 MW were up 73.3% Y/Y and 54.8% sequentially. Gross margin was 14.1% for the quarter, compared to 16.1% in 4Q21. The decrease was mainly due to an increase in the cost of silicon. The operat  ( 46 min )

UBS analyst Erika Najarian on Friday said First Republic Bank does not have the same exposures as ailing technology sector lender SVB Financial Group the...  ( 23 min )

The tech-focused lender was seeking a buyer after scrapping a plan to shore up its finances through a capital raise.  ( 26 min )

(Bloomberg) -- US regulators arrived at the California offices of SVB Financial Group as the troubled lender struggled to stabilize its finances, according to people familiar with the matter.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBC  ( 48 min )

(Bloomberg) -- While this week’s bank-stock drama blindsided most of the market, at least one corner of Wall Street spied trouble ahead.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBCompanies Are Telling Us the Real Reason They're Still R  ( 49 min )

U.S. Treasury Secretary Janet Yellen says Friday she's tracking Silicon Valley Bank’s problems as it deals with big losses.  ( 23 min )

Treasury Secretary Janet Yellen said the department is "carefully" monitoring the situation at Silicon Valley Bank and others as fears ripple through the financial system.  ( 48 min )

I doubt I am the only investor making a flight to quality move.  ( 13 min )

(Bloomberg) -- Bond traders are quickly lowering their expectations for how high the Federal Reserve will push the borrowing costs — while also once again fully pricing in a rate cut from the peak level by year-end — as banking sector concerns mount. Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowPeter Thiel’s  ( 47 min )

(Bloomberg) -- First Republic Bank and PacWest Bancorp both plunged Friday as the upheaval at SVB Financial Group spread to other lenders.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBCompanies Are Telling Us the Real Reason They're Still Raising PricesWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank Right NowSVB Races to Prevent Bank Run as Funds Advi  ( 47 min )

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(Bloomberg) -- SVB Financial Group is in talks to sell itself after attempts to raise capital amid a bank run failed, CNBC reported.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBCompanies Are Telling Us the Real Reason They're Still Raising PricesWhy Is Everyone Talking About SVB? Here's Everything We Know About the Bank  ( 46 min )

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Sentiment shifts periodically on Wall Street, and you could argue Cathie Wood might be the prime example of fortune reversal. Once an investor favorite and hailed as a pioneer with a portfolio jam-packed with the novel and cutting-edge, Wood’s reputation has been tarnished over the past year and a half as her growth-oriented investing style went out of fashion in the post-pandemic climate. Does that mean Wood is ready to desert her strategy of backing innovative yet risky and often unprofitable  ( 49 min )

SVB Financial Group stock is retaining advisers for a potential sale of the company amid a liquidity crunch, CNBC-TV’s David Faber reported on Friday. The...  ( 22 min )

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I'm constantly losing money on stock and cryptocurrency investments. And I paid for the advice that has given me the information that I've used to do this. For example, I was told to buy SoFi and lost money the whole … Continue reading → The post Ask an Advisor: I'm Losing Money on Investments. How Can My Advisor Let This Happen? appeared first on SmartAsset Blog.  ( 50 min )

You don’t need to be 65 to start collecting these dividend checks.  ( 48 min )

Oracle is enjoying strong momentum in its cloud business.  ( 24 min )

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(Bloomberg) -- SVB Financial Group shares extended their plunge before being halted in premarket trading for pending news as prominent venture capitalists recommended companies withdraw their money from the lender, sparking further worries over its financial health and liquidity in the wider banking sector.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisSVB Races to Prevent Bank Run as Funds Advise Pulling CashPeter Thiel’s Founders Fund Advises Compa  ( 47 min )

Stock futures reversed course and turned upward after the job report, though concerns about the health of the banking sector drove a selloff in global markets.  ( 27 min )

SVB Financial gets downgraded at Raymond James and Truist as reports by Bloomberg and The Wall Street Journal spark concerns about liquidity.  ( 24 min )

Apple Inc. stock was downgraded to sell from neutral by Lightshed analysts on Friday, based on a more conservative outlook for iPhone sales and moderating...  ( 23 min )

(Bloomberg) -- Stock market investors are getting a harsh reminder about the risks posed by banking industry turmoil.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBCompanies Are Telling Us the Real Reason They're Still Raising PricesSVB Races to Prevent Bank Run as Funds Advise Pulling CashIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%US stocks are heading for the w  ( 49 min )

SVB Financial shares are tumbling again on Friday, while Gap, Allbirds and DocuSign are also sliding, as Roblox and Barnes & Noble Education head the other way.  ( 24 min )

UBS analyst Steven Fisher bumps the stock to Sell from Hold. He cut his price target to $225 from $230 a share.  ( 23 min )

BoA Securities analyst John Murphy reinstated coverage of Rivian shares with a Buy rating, but lowered his target for the EV company's stock price.  ( 23 min )

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The ultimate, lucrative fire sale.  ( 50 min )

U.S. stock futures were mixed Friday morning ahead of a crucial jobs report that will provide another snapshot of the strength of the economy and provide further clues to the path of the Fed's rate-hiking campaign.  ( 47 min )

The struggles of SVB Financial are spooking investors across the banking world, highlighting the new risks posed by rising interest rates.  ( 49 min )

Prospects for profitability are disappointing, say analysts. Investors were hoping margins would improve faster after it reduced staff numbers by 10% last month.  ( 23 min )

The PayPal Mafia veteran claimed new hires were given "fake work", adding that mass layoffs seen in the sector are overdue.  ( 47 min )

SVB Financial Group the parent of Silicon Valley Bank, saw its stock tumble more than 42% in premarket trade Friday, in a continued response to reports late...  ( 23 min )

Hedge fund giant Bill Ackman has inserted his two cents into the Silicon Valley Bank debacle, suggesting a government bailout in a Twitter thread on Friday.  ( 24 min )

Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 27 min )

Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com  ( 27 min )

Shares were down almost 4% in premarket trading after it posted slightly disappointing revenue for last quarter but topped expectations for earnings.  ( 23 min )

(Bloomberg) -- Government bonds surged and stocks slid as signs of distress at a California lender spurred broader worries over the US banking sector’s debt holdings.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game  ( 49 min )

The budding crisis in the banking world has created another challenge for Jay Powell and the Federal Reserve as they try to tame inflation with interest rate hikes.  ( 48 min )

The budding crisis in the banking world has created another challenge for Jay Powell and the Federal Reserve as they try to tame inflation with interest rate hikes.  ( 49 min )

SVB Financial extends sharp losses after the bank was forced to sell securities to realign its portfolio in response to higher interest rates, Oracle reports fiscal third-quarter revenue that missed analysts' estimates, and DocuSign swings to a quarterly profit but the stock slides.  ( 24 min )

CATL, the world's largest EV battery maker caught the attention of President Xi Jinping earlier this week, who said he was both "happy and worried" by its market leadership.  ( 23 min )

(Bloomberg) -- US stocks hanging on Federal Reserve policy signals are boxed in a “neurotic” trading range that will only break once economic data unambiguously point to a recession, Bank of America Corp. strategists say.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains  ( 47 min )

The entire banking sector is being called into question after SVB Financial Group said a drop in deposits is causing problems.  ( 24 min )

(Bloomberg) -- US banks can contain contagion risk and system stress stemming from the turmoil unleashed by Silicon Valley Bank, Mohamed El-Erian said.Most Read from BloombergOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game Again to Add M  ( 46 min )

Stock markets have plunged in London and across Europe as concerns over the US banking sector hammer financial institutions.  ( 54 min )

The founder of Pershing Square Capital Management said the collapse of Silicon Valley Bank "could destroy a long-term driver of the economy."  ( 49 min )

Panic spread in tech circles about the financial health of Silicon Valley Bank, a major lender to fledgling companies, as the firm said Thursday it was holding a $2.25 billion share sale after a significant loss on its portfolio. Dani Burger reports on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en  ( 47 min )

(Bloomberg) -- Global stocks slumped on Friday and Treasuries rallied on concern that pockets of trouble in the US banking sector could portend broader dangers as higher interest rates start to bite.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner  ( 47 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

(Bloomberg) -- China’s Contemporary Amperex Technology Co. Ltd. reported annual earnings that beat estimates on stronger demand for cleaner cars, underscoring its dominance as the world’s biggest maker of batteries for electric vehicles.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBOne Bank Folds, Another Wobbles and Wall Street Asks If It’s a CrisisIn Biden’s Tax-the-Rich Budge  ( 49 min )

Kellogg, Johnson & Johnson, Crane, and BorgWarner are planning to hive off a chunk of their businesses in 2023. What investors need to know.  ( 24 min )

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(Bloomberg) -- The US government should consider a “highly dilutive” bailout of SVB Financial Group if a private capital solution can’t be provided, according to Pershing Square founder Bill Ackman.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game Again to Add More PolishBiden to Urg  ( 47 min )

AI is here, whether we’re ready or not. The headlines and buzz around the recent launch of ChatGPT is only the tip of a much larger iceberg. The chatbot uses ‘generative AI’ tech, a machine learning system with the ability to create text, images, videos – and even computer code – that successfully mimics human communications, and it promises to stir up far more than just the tech industry. At it base, AI technology involves a computer system that has been fed a huge amount of data, enough that i  ( 50 min )

(Bloomberg) -- Silvergate Capital Corp.’s abrupt shutdown and SVB Financial Group’s hasty fundraising have sent US bank stocks diving and tongues wagging across the industry: Could this be the start of a much bigger problem?Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesPeter Thiel’s Founders Fund Advises Companies to Withdraw Money From SVBIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game Again to A  ( 49 min )

Startup founders are pulling cash from Silicon Valley Bank, even as some VCs say the panic is overblown and fueling the fire.  ( 49 min )

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Kohl’s in November 2022 named Tom Kingsbury as Michelle Gass' interim successor, to begin in December, when Gass would resign as CEO.  ( 17 min )

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U.S. stocks finished a down week with additional losses on March 10, with concerns over the fall of Silicon Valley Bank dragging down the markets.  ( 11 min )

The Bureau of Labor Statistics' employment report is a widely watched indicator of economic well-being that directly influences the market.  ( 19 min )

Apple's annual shareholders' meeting was held on Friday and despite some controversy and disagreements, the company won support for each of its voting proposals.  ( 11 min )

President Joe Biden made the first move Thursday in a high-stakes contest over the federal budget. Now, it’s the Republicans’ turn.  ( 12 min )

Lehman Brothers survived many financial crises in its long history until it was driven into bankruptcy. Learn more about the history behind this famous scandal.  ( 18 min )

A pattern day trader (PDT) is a regulatory designation for traders who execute four or more day trades over a five-day period in a margin account.  ( 18 min )

The SIPC and FDIC insure against personal financial ruin when banks or brokerages go belly up.  ( 17 min )

Find out how lending cash to family or friends can put a strain on your relationship and your bank account. Learn how to make family loans safely.  ( 16 min )

Silicon Valley Bank (SBV), a prominent lender to the technology industry, was shut down by federal regulators Friday in one of the largest bank failures in U.S. history,  ( 12 min )

Rates on 30-year loans have inched a little higher, adding a few more basis points to rise further above 7%. Most other averages showed little or no gain.  ( 12 min )

A swingline loan is a type of loan that gives borrowers access to a large amount of cash for a short period of time. It can also be used as a line of revolving credit to draw on as needed.  ( 12 min )

Self-directed retirement accounts typically offer a broader range of investment choices than regular 401(k) and IRA plans.  ( 20 min )

Delisting is the removal of a security from a stock exchange.  ( 17 min )

How, or if, you should withdraw 403(b) funds depends on a number of factors and options available to you.  ( 17 min )

U.S. citizens and resident aliens with foreign income can claim the foreign tax credit to offset income taxes paid abroad and limit double taxation.  ( 18 min )

Learn what distinguishes Roth, traditional, and SEP IRAs from one another and which of these retirement accounts might be the best for you.  ( 20 min )

A tax rate is a percentage at which an individual or corporation is taxed. A progressive tax rate imposes higher payments as income increases.  ( 17 min )

Personal loans may be used for almost any purpose and are sometimes a good option, but they can be expensive, and there are often better alternatives.  ( 16 min )

Small businesses are grappling with worker shortages amid the tightest labor market in decades. Close to half or 47% of small businesses have job openings they can’t fill, according to the latest monthly jobs report by the National Federation of Independent Business (NFIB).  ( 10 min )

The labor force participation rate is a measurement of an economy’s active workforce.  ( 24 min )

The unified tax provides a set amount you can gift to family and friends during your lifetime and upon death before gift and estate taxes apply.  ( 18 min )

U.S. employers added more jobs than economists expected last month, highlighting the labor market’s resilience amid a thawing economy, as the Federal Reserve raises interest rates to cool inflation.  ( 11 min )

A bonus issue is an offer of free additional shares to existing shareholders.  ( 16 min )

E*TRADE and TD Ameritrade offer comprehensive suites of investment and trading products, but TD Ameritrade has the edge, due to its better options analytics and educational offerings.  ( 21 min )

News of the day for March 10, 2023  ( 11 min )

Learn the key differences between the standard 401(k) plan and the 408(k) plan, which is meant for smaller employers.  ( 16 min )

You need to earn income to contribute to a Roth IRA. However, married couples can use a spousal Roth IRA to fund two accounts, even if just one spouse earns income.  ( 21 min )

De waarde van de bitcoin is vrijdag gedaald tot ongeveer 19.900 dollar (zo'n 18.600 euro). Het is voor het eerst sinds medio januari dat de grootste cryptomunt minder dan 20.000 dollar waard is. Verwachte renteverhogingen, mogelijke strengere regels en problemen bij cryptobank Silvergate deden de koers van de munt geen goed.  ( 3 min )

Het kabinet komt dit jaar niet meer met extra maatregelen om de koopkracht te verbeteren. Het blijft bij het "historische" pakket van 12 miljard euro en het energieplafond. Dat zei minister Karien van Gennip (Sociale Zaken en Werkgelegenheid) vrijdag voor het begin van de wekelijkse ministerraad.  ( 4 min )

Vrijwel overal waar windmolens worden geplaatst, protesteren omwonenden. De verantwoordelijke gemeenten en provincies laten inwoners veelvuldig meepraten, maar dat zorgt vaak niet voor extra draagvlak of grote aanpassingen aan de plannen. "Wat je ook doet, de weerstand blijft."  ( 6 min )

Reizigers ondervinden ook vrijdag hinder van stakingen in het streekvervoer in Friesland, Groningen, de Achterhoek en Limburg. Er rijden vooral minder bussen. Werkgevers en vakbonden gaan weer in gesprek na een oproep van reizigersorganisatie Rover. Werkgevers riepen eerder op de dag al op tot een adempauze en een tijdelijke stop van de stakingen.  ( 5 min )

Deze winter geeft NU.nl je regelmatig een overzicht van de ontwikkeling van de gasprijs, het gasverbruik en de vulling van de gasopslagen in Nederland. Dit zijn de cijfers van de afgelopen week in drie grafieken.  ( 4 min )

Reizigers ondervinden ook op vrijdag hinder van stakingen in het streekvervoer in Friesland, Groningen, de Achterhoek en Limburg. Er rijden vooral minder bussen. Werkgevers in het streekvervoer roepen vakbonden er ondertussen toe op een adempauze van zes weken in te lassen en weer om de onderhandelingstafel te gaan zitten.  ( 4 min )

De Britse economie is in januari met 0,3 procent gegroeid ten opzichte van een maand eerder. Eind vorig jaar was nog een forse krimp te zien.  ( 3 min )

Om jongeren bewust te maken van hun schermtijd, voegde TikTok recent een timer aan de app toe. Die waarschuwt als ze een bepaalde tijd hebben doorgebracht in de app. Ook voor andere apps bestaat deze functie. Maar de meldingen kun je makkelijk wegtikken om door te gaan. Experts twijfelen over het nut van zo'n timer.  ( 4 min )

Steeds meer jongeren in Nederland kiezen voor het loodgietersvak. De opleidingen tot sanitairinstallateur krijgen meer inschrijvingen en daarmee is sprake van een omslag, constateert branchevereniging Techniek Nederland.  ( 4 min )

News of the day for March 9, 2023  ( 1 min )

U.S. stocks dropped on March 9, 2023, with a selloff in the financial sector and concerns that strong jobs data could lead to more interest rate hikes.  ( 1 min )

Shares of SVB Financial Group (SIVB) are cratering after the holding company for Silicon Valley Bank announced it was seeking to raise $2.25 billion in stock sales in order to shore up its financial position.  ( 1 min )

Het ziekteverzuim onder werknemers lag in het vierde kwartaal van 2022 opnieuw hoger dan in dezelfde periode een jaar eerder, zo blijkt vrijdag uit cijfers van statistiekbureau CBS. Vanaf 2016 is dat elk jaar zo geweest.  ( 4 min )

Het kabinet wil een staking onder rechters en officieren van justitie voorkomen. Daarom biedt minister Franc Weerwind (Rechtsbescherming) extra geld en bemiddeling tegen werkdruk.  ( 3 min )

Voedselbanken denken dat ze meer klanten krijgen als de armoede oploopt, zoals het Centraal Planbureau (CPB) donderdag voorspelde. Ook kringloopwinkels verwachten dat het bij hen drukker wordt.  ( 4 min )

103.000 ondernemers die achterlopen met het aflossen van coronaschulden bij de Belastingdienst worden met brieven gemaand om het geld terug te betalen of uitstel aan te vragen. In april is voor de fiscus de maat vol.  ( 4 min )

Autoconcern BMW zag vorig jaar de omzet en winst met tientallen miljarden stijgen. Dat terwijl het bedrijf in 2022 juist minder auto's verkocht. De goede verdiensten zijn het gevolg van prijsverhogingen.  ( 3 min )

In het bloed van Nederlandse boeren worden verhoudingsgewijs veel bestrijdingsmiddelen aangetroffen en huisstof op boerderijen bevat maar liefst 144 soorten landbouwgif. Europese normen bieden weinig bescherming, omdat die niet kijken naar de totale gezondheidseffecten van gelijktijdige blootstelling aan meerdere middelen. Onderzoekers vrezen voor tal van ziekten, waaronder parkinson, kanker en verminderde vruchtbaarheid.  ( 10 min )

McDonald's heeft besloten om de bekende Franse frietjes van aardappels in Frankrijk enkele weken te vervangen door groentefriet die is gemaakt van bietjes, wortels en pastinaak.  ( 3 min )

Oud-Shell-topman Ben van Beurden krijgt over afgelopen jaar een beloning van 9,7 miljoen pond (bijna 11 miljoen euro). Dat is anderhalf keer zoveel als een jaar eerder. Dat blijkt uit het jaarverslag dat het energieconcern donderdag heeft gepubliceerd.  ( 3 min )

Achmea, de grootste verzekeraar van het land, verhoogt de prijzen van sommige verzekeringen. Dat doet het vanwege de hoge inflatie, meldt het bedrijf donderdag bij de presentatie van zijn jaarcijfers.  ( 3 min )

China kan zich niet vinden in de nieuwe maatregelen die het Nederlandse kabinet heeft genomen om de export van Nederlandse chipmachines naar het Aziatische land verder aan banden te leggen. Dat heeft het Chinese ministerie van Buitenlandse Zaken donderdag gemeld. Het gaat om onder meer technologieën van chipfabrikant ASML.  ( 3 min )

China kan zich niet vinden in de nieuwe maatregelen die het Nederlandse kabinet heeft genomen om de export van Nederlandse chipmachines naar het Aziatische land verder aan banden te leggen, heeft het Chinese ministerie van Buitenlandse Zaken donderdag gemeld.  ( 3 min )

Als de laagste inkomens het in 2024 moeten stellen zonder de tijdelijke toeslagen (zoals die voor energie) belanden veel Nederlanders in de armoede. Volgens een schatting van het Centraal Planbureau (CPB) zitten volgend jaar 995.000 Nederlanders, onder wie veel kinderen, onder de armoedegrens.  ( 6 min )

China kan zich niet vinden in de nieuwe maatregelen die het Nederlandse kabinet heeft genomen om de export van Nederlandse chipmachines naar het Aziatische land verder aan banden te leggen, heeft het Chinese ministerie van Buitenlandse Zaken donderdag gemeld.  ( 3 min )

Netbeheerder Alliander kan de stijgende vraag naar elektriciteit nauwelijks aan. Het bedrijf heeft dan ook grote moeite om het netwerk in rap tempo uit te breiden nu consumenten en bedrijven meer elektrische auto's, zonnepanelen en warmtepompen hebben aangeschaft.  ( 3 min )

De Europese Bank voor Wederopbouw en Ontwikkeling (EBWO) investeert de komende twee jaar zo'n 1,5 miljard euro in de wederopbouw en het herstel in de Turkse regio's die vorige maand werden getroffen door zware aardbevingen.  ( 3 min )

Doordat tijdelijk beleid voor lagere inkomens wegvalt, belanden veel Nederlanders volgend jaar in armoede. Volgens ramingen van het Centraal Planbureau (CPB) zitten in 2024 995.000 Nederlanders onder de armoedegrens. Onder hen veel kinderen.  ( 3 min )

Een Spaanse man moet zijn ex-vrouw ruim 204.000 euro betalen vanwege het werk dat zij thuis verrichte tijdens hun huwelijk. De vrouw verzorgde gedurende die 25 jaar vooral het huishouden, terwijl de man de kost verdiende. Dat terwijl het tweetal niet in gemeenschap van goederen was getrouwd, waardoor de vrouw bij de scheiding met lege handen achterbleef.  ( 3 min )

Bitcoin fell more than 7% on Thursday to approach the $20,000 level and near a 7-week low.  ( 47 min )

Bitcoin fell more than 7% on Thursday to approach the $20,000 level and near a 7-week low.  ( 48 min )

SVB Financial Group fell more than 22% in the extended session Thursday as reports surfaced that several funds are advising clients to pull money from...  ( 23 min )

Required minimum distributions (RMDs) are a part of life for 401(k) and IRA account holders once they hit age 73, but there are ways to limit them.  ( 18 min )

The S&P 500 faces strong resistance up to 4200, writes Lawrence McMillan.  ( 28 min )

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Silicon Valley Bank lost over half its value after investors bailed on the shares following plans for a large capital raise.  ( 46 min )

It may go down in the history books about Silicon Valley: the time that its most prominent bank, a bank founded nearly 40 years earlier, inflicted such grievous injury on itself that it had to be rescued by another bank or else risk going down in flames in a single day. If you’re just catching up, here’s what happened: Silicon Valley Bank lost $1.8 billion in the sale of U.S. treasuries and mortgage-backed securities that it had invested in, owing to rising interest rates. The plan was to sell $1.25 billion of its common stock to investors, $500 million in convertible preferred shares, and $500 million of its common stock in a separate transaction to the private equity firm General Atlantic.  ( 48 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

Oracle Corp. shares fall in the extended session after the software company's revenue comes in a hair below the Wall Street consensus.  ( 24 min )

The electronic-signature software company also said its CFO will resign later this year.  ( 23 min )

(Bloomberg) -- Oracle Corp. reported quarterly sales in line with analysts’ estimates after its cloud business failed to meet expectations for higher growth. The shares declined in extended trading.Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Warner Bros. Delays ‘Suicide Squad’ Game Again to Add More PolishRookie Traders Are Earnin  ( 48 min )

DocuSign Inc. shares fell about 3% after hours, after falling less than 2% in the regular session to close at $64.41 on Thursday, despite beating Wall Street...  ( 23 min )

A brutal day for banks drags down stocks on Thursday.  ( 25 min )

Adjusted earnings per share came in at $1.22, above expectations for $1.20.  ( 23 min )

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(Bloomberg) -- SVB Financial Group Chief Executive Officer Greg Becker held a conference call on Thursday advising clients of SVB-owned Silicon Valley Bank to “stay calm” amid concern about the bank’s financial position, according to a person familiar with the matter. Most Read from BloombergCompanies Are Telling Us the Real Reason They're Still Raising PricesBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsIn Biden’s Tax-the-Rich Budget, Capital-Gains Rates Near 45%Rookie Traders Are  ( 47 min )

Securities lawyer Tom Grady, known as one of the nation’s leading investment fraud attorneys, is preparing for potential litigation against the nation’s biggest crypto exchanges  ( 49 min )

Silicon Valley Bank wasn't well positioned for rising interest rates, leading to losses and a dilutive capital raise. Other banks show similar red flags.  ( 26 min )

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U.S. stocks extended losses in the final hour of trade on Thursday, while awaiting Friday's February employment data that could help decide how large an...  ( 26 min )

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Mizuho analyst Vijay Rakesh maintains Rivian Automotive Inc (NASDAQ: RIVN) with a Buy and lowers the price target from $37 to $35. RIVN announced a $1.3 billion green convertible senior note offering. Rakesh believes the offering proceeds will likely fuel capex investments at Normal and potentially Georgia while adding ~$60 million - $69 million annual interest expense leading to an estimated ~$0.07 annual negative EPS impact. Rivian noted F24E cash burn to improve by ~40% versus F23E, with an e  ( 47 min )

An enormous loss at the Silicon Valley Bank parent has wreaked havoc across the sector.  ( 24 min )

President Biden’s 2024 budget released Thursday includes yet another broadside from the White House against oil companies  ( 47 min )

Stocks started the day higher, then wobbled by midday, after jobless claims showed that the labor market is still strong.  ( 28 min )

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Biden's budget proposal rolled out Thursday included a new provision that would close a loophole currently available to crypto investors that could raise up to $24 billion in revenue.  ( 47 min )

General Motors is laying out its plan to extract $2 billion in cost savings, and it seems reductions in its labor force will be a big part of it. “This voluntary program offers eligible employees an opportunity to make a career change or retire earlier. We are offering three packages based on level and service to the company. Employees are strongly encouraged to consider the program,” a GM spokesperson said in a statement sent to Yahoo Finance. “By permanently bringing down structured costs, we can improve vehicle profitability and remain nimble in an increasingly competitive market.”  ( 48 min )

Here's why investors should be particularly aware of any signs of low volume (and I'm not talking about on those AirPods).  ( 11 min )

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While Buffett's stock picks may seem appealing, heed another piece of his advice: "I don’t think most people are in a position to pick single stocks."  ( 24 min )

Shares of SVB Financial Group (SIVB) are cratering after the holding company for Silicon Valley Bank announced it was seeking to raise $2.25 billion in stock sales in order to shore up its financial position.  ( 12 min )

Silvergate shares fell Thursday after the crypto bank announced that it would be liquidating, raising new doubts about the relationship between traditional banks and the crypto world.  ( 48 min )

President Joe Biden formally rolls out his proposed budget for the 2024 fiscal year.  ( 26 min )

Shares of the company, the parent of Silicon Valley Bank, were the worst performer in the S&P 500.  ( 24 min )

Executives of Pactiv Evergreen sold over 50,000 shares of company stock days before announcing the closure of a historic Canton, North Carolina, paper mill.  ( 46 min )

Dubbed “Snailbrook,” the 3,500-acre community will house workers from SpaceX, Tesla and Boring.  ( 47 min )

Investors seeking safety and yield should look to more broadly diversified money funds, researchers say  ( 26 min )

Apple's stock has gotten a second vote of confidence from a Wall Street analyst in the last week.  ( 47 min )

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The auto maker, which didn’t specify how many employees are eligible, is looking to cut $2 billion in annual fixed costs.  ( 25 min )

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SVB Financial Group said it had sold large portions of its securities portfolio and would raise fresh capital, highlighting a broader problem for U.S. lenders who have seen rising interest rates hammer the values of their bondholdings.  ( 26 min )

Using the example of Bitcoin, he told audiences digital currency meets all of his benchmarks.  ( 47 min )

Biden's budget proposal will unveil tax hikes on the rich, but experts say the big question is what happens to income taxes once Trump tax cuts expire in 2025  ( 28 min )

Successful retirement planning demands lots of saving and smart money management. But once you retire, how do you transition from saver to spender?  ( 20 min )

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Spring is coming up , and investors will need to break out the crystal ball when looking at the market conditions. There’s a growing consensus that even though inflation is down from last summer’s peak, it has plateaued at a high level. Watching the situation from banking giant JPMorgan, CEO Jamie Dimon takes the view that we won’t be getting back to the Fed target of 2% any time soon. Furthermore, while Dimon hails an economy that is “doing quite well” with plenty of jobs to go round, he also s  ( 49 min )

The question is, am I willing to own GE Vernova in order to also own GE Aerospace?  ( 15 min )

Emerging markets expert Mark Mobius reportedly said he is betting big on semiconductor shares as the U.S. and China hike investments in the sector. Chipmakers are "the number one category we have in our portfolio," Mobius told Bloomberg Television. The companies associated with the sector are going to do well as "both the U.S. and China are putting enormous amounts of money in semiconductor research and production," he added. Also Read: ‘Very Bullish’ Mark Mobius Predicts India’s IT Sector To Pl  ( 46 min )

Partners with Zurich-Based Virtual I Technologies Insurtech Player for Introducing the Solution on a Global Basis  ( 49 min )

Shares of General Motors Co. slipped 0.1% in premarket trading Thursday, after the automaker announced a voluntary separation program (VSP) that is expected...  ( 23 min )

The U.S. Inflation Reduction Act will be a key driver of growth for the company that makes electricity from hydrogen.  ( 23 min )

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(Bloomberg) -- General Electric Co. expects profit margins at its aviation division to continue to expand over the long term as an independent business, the company said Thursday.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsRookie Traders Are Earning $400,000 in One Unlikely Markets HubMore Eye-Drop Products Recalled in US for Possible ContaminationMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneGE Aerospace,  ( 46 min )

The euro initially tried to pick up its pace during the early hours on Thursday, but it seems like we are struggling to gain any real traction.  ( 47 min )

Annuities are designed to provide you with a consistent stream of income for retirement. If you're interested in adding an annuity to your financial plan, you may be wondering when you should consider purchasing one. The best age to buy … Continue reading → The post What Is the Best Age to Buy an Annuity? appeared first on SmartAsset Blog.  ( 50 min )

Did you just find out that you overcontributed your 401(k) plan? If you act quickly, you can minimize the damage. But if you wait, the tax bill and inconveniences will multiply. So if you've overcontributed to your 401(k), the plan … Continue reading → The post What to Do When You Overcontribute to Your 401(k) appeared first on SmartAsset Blog.  ( 48 min )

Tesla's ambitious goals for EV production means demand for lithium, which go into lithium ion batteries, will accelerate.  ( 24 min )

Shares of General Electric Co. rallied 2.6% toward a near two-year high in premarket trading Thursday, after the aerospace, power and renewable energy...  ( 23 min )

Stock futures were lower early Thursday ahead of a trading session that falls between the week's two biggest market moving events.  ( 46 min )

JD.com, Inc (NASDAQ: JD) reported fourth-quarter FY22 revenue growth of 7.1% year-on-year to $42.84 billion, beating the consensus of $42.73 billion. JD Segment Performance: JD.com's net product revenue grew 1.2% Y/Y to $34.4 billion. Net service revenues rose 40.3% Y/Y to $8.4 billion. JD Retail revenue grew 3.6% Y/Y to $37.5 billion. Margin: Non-GAAP operating margin expanded by 150 bps to 2.5%. Non-GAAP net income per ADS of $0.70 beat the consensus of $0.50. JD.com generated $1.75 billion in  ( 45 min )

(Bloomberg) -- Silvergate Capital Corp. spent its final days under siege.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsRookie Traders Are Earning $400,000 in One Unlikely Markets HubMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneMore Eye-Drop Products Recalled in US for Possible ContaminationBombarded by short sellers, deserted by depositors and shunned by business partners, executives at the crypto-focused b  ( 49 min )

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ARK Invest bought 69,329 shares of EV maker Tesla worth about $12.6 million on Wednesday.  ( 24 min )

Shares of SVB Financial Group plummeted 30.6% to pace all of the S&P 500’s premarket losers on Thursday, which puts them on track for the worst one-day...  ( 23 min )

(Bloomberg) -- JD.com Inc. posted a 7% rise in quarterly revenue, slightly below expectations, as Chinese online consumer spending remained volatile during an economic downturn.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsRookie Traders Are Earning $400,000 in One Unlikely Markets HubMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneSri Lanka Rupee to Reverse and Plummet 23%, Fitch Solutions SaysThat pace of gr  ( 48 min )

Two ex-Apple execs have a strong roster of investors—and five years of mystery around what they’re building.  ( 48 min )

The North Sea’s biggest oil producer has warned it will be forced to cut staff and investment as it claimed its profits were all but wiped out Rishi Sunak’s windfall tax.  ( 48 min )

Yes, there's math. No, it's not that hard.  ( 49 min )

Signature Bank stock is down 11% in premarket trades as carnage from the announced wind-down of digital currency financial services company Silvergate...  ( 22 min )

A closed-end U.K. fund has been delivering dividends for decades. Their secret: a balanced exposure to countries and styles.  ( 27 min )

On March 8, 2023, Asana, Inc (NYSE: ASAN) Chair and CEO Dustin Moskovitz shared plans to purchase up to 30 million shares after the close of trading on March 9. The stock purchase is under trading plan Rule 10b5-1(c). The earliest the trading plan may execute is June 8, 2023, and the trading plan expires on December 29, 2023. On March 8 after hours, Asana reported fourth-quarter revenue growth of 34% year-on-year to $150.2 million, beating the consensus of $145.1 million. Adjusted operating loss  ( 46 min )

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Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 24 min )

(Bloomberg) -- With the most sell ratings in the Nasdaq 100 Stock Index, Intel Corp. is running ever lower on fans. Things have gotten so bad that even analysts brave enough to recommend buying are striking a cautious tone.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsRookie Traders Are Earning $400,000 in One Unlikely Markets HubMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneSri Lanka Rupee to Reverse and Pl  ( 49 min )

Wall Street is out with some hot calls.  ( 47 min )

The U.S.-listed shares of JD.com Inc. rose 1.0% in premarket trading Thursday, after the China-based ecommerce company beat fourth-quarter profit...  ( 23 min )

If you're retiring and have a Health Savings Account at work, you may trigger an audit that could cost you in penalties and fees.  ( 26 min )

Asana Chairman and CEO Dustin Moskovitz, the company's founder, discloses plans to buy up to 30 million shares of the software company’s Class A common stock, MongoDB issues revenue forecasts that miss analysts' expectations, and Silvergate Capital is winding down crypto-focused lender Silvergate Bank.  ( 23 min )

Time flies. But it also crashes.  ( 49 min )

Shares dropped 5% in Zurich after the Swiss lender said that U.S. regulators had been in touch.  ( 24 min )

The Swiss bank delayed the report to address a late-night request from the U.S. Securities and Exchange Commission for more information on how it restated cash flows after restructuring its divisions.  ( 24 min )

A hawkish Jerome Powell is upending market expectations of a "no landing" scenario.  ( 48 min )

Investors are looking for clarity after some recent data surprises.  ( 25 min )

The company was lifted by news its founder plans a huge stock purchase. Analysts said shares of the business software provider could rise to $34 from $22.  ( 23 min )

(Bloomberg) -- Credit Suisse Group AG delayed the publication of its annual report and compensation details for 2022 after US regulators raised last-minute technical queries on previous statements, adding a further complication as the bank works on a turnaround.Most Read from BloombergBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneRookie Traders Are Earning $400,000 in One Unlikely Marke  ( 47 min )

Credit Suisse's share price hit a low in the weeks since the 2022 results on uncertainty about its future, with analysts fearing that recent large outflows...  ( 23 min )

Politicians hate buybacks. Companies love them—and right now they show no signs of stopping.  ( 24 min )

(Bloomberg) -- AirPods maker GoerTek Inc.’s Vietnam business chief is leaving the company, days after the executive outlined how Apple Inc.’s Chinese suppliers are likely to move capacity out of the country far faster than anticipated to pre-empt fallout from escalating Beijing-Washington tensions.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsYour Next Holiday Flight Will Cost a FortuneRookie Traders Are E  ( 46 min )

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(Bloomberg) -- Veteran emerging-markets investor Mark Mobius said he is betting big on semiconductor shares as the US and China increase investments in the sector.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsYour Next Holiday Flight Will Cost a FortuneRookie Traders Are Earning $400,000 in One Unlikely Markets HubSri Lanka Rupee to Reverse and Plummet 23%, Fitch Solutions SaysChipmakers are “the number on  ( 48 min )

(Bloomberg) -- Silvergate Capital Corp. spent its final days under siege.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsYour Next Holiday Flight Will Cost a FortuneIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Rookie Traders Are Earning $400,000 in One Unlikely Markets HubBombarded by shortsellers, deserted by depositors and shunned by business partners, executives at the crypto-focused bank  ( 49 min )

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(Bloomberg) -- Just months before Silvergate Capital Corp. announced that it was winding down, banking’s first casualty from the crypto industry’s implosion, a company called Block.one was boosting its investment.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneBiden to Urge 25% Billionaire Tax, Levies on Rich InvestorsIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Deepest Bond Yield Inversion Since Volcker S  ( 48 min )

CEO Dustin Moskovitz announced plans to buy up to 30 million Asana shares, with nearly $700 million.  ( 23 min )

A retirement budget helps you manage your money after you stop working. Our guide shows you how to successfully budget for each stage of retirement.  ( 21 min )

Our guide for how to get out of debt in 8 steps will help you pay off your debt quickly to save money. Learn about the top strategies for becoming debt-free.  ( 17 min )

Mortgage rates increased for the fifth consecutive week, and combined with elevated home prices, the high rates on home loans are limiting sales.  ( 11 min )

Teachers have some special things to consider in planning for retirement, especially if they aren't eligible for Social Security benefits.  ( 20 min )

Required minimum distributions (RMDs) are a part of life for 401(k) and IRA account holders once they hit age 73, but there are ways to limit them.  ( 18 min )

U.S. stocks dropped on March 9, 2023, with a selloff in the financial sector and concerns that strong jobs data could lead to more interest rate hikes.  ( 11 min )

If your employer offers a 401(k), a 403(b), or a 457(b) retirement plan, you may consider the Roth option, which is more pain now for big gain later.  ( 18 min )

If you plan to retire within the next 10 years, you still have time to boost your 401(k) contributions and make other moves to increase your savings.  ( 22 min )

Personal loans from friends, family, and employers fall under common categories of debt that can be discharged in the case of bankruptcy.  ( 16 min )

Taking out a personal loan can affect your credit score in a number of ways⁠—both good and bad. Repaying it in a timely manner is key to a healthy score.  ( 17 min )

Apple Inc. will host its annual shareholder meeting on Friday. Here are the key points for investors to track.  ( 12 min )

As a Roth IRA beneficiary, you can open an Inherited Roth IRA, but there are other choices, depending on your relationship with the original account holder.  ( 20 min )

Working families would get new tax credits and help paying for child care, while the wealthy would get a raft of new taxes under President Joe Biden’s budget plan.  ( 13 min )

A stretch loan is a form of financing for an individual or a business that's intended to cover a short-term gap in the borrower's income. It can be convenient but also costly.  ( 14 min )

Michael Barr has said the Federal Reserve is working with other regulators to determine "whether and how" crypto can be aligned with safe banking.  ( 11 min )

Marfrig Global Foods, Celsius Holdings, and e.l.f. Beauty are top for value, growth, and momentum, respectively.  ( 17 min )

Economics professor Linda M. Hooks shares critical advice for would-be borrowers contemplating taking out a personal loan.  ( 17 min )

Investopedia rounds up the best educational content for students, teachers, and anyone else interested in learning personal finance and investing.  ( 28 min )

Shares of SVB Financial Group (SIVB) are cratering after the holding company for Silicon Valley Bank announced it was seeking to raise $2.25 billion in stock sales in order to shore up its financial position.  ( 11 min )

Mortgage rates are climbing again, with the 30-year average gaining more than a tenth of a point to move further above 7%.  ( 12 min )

Car insurance is meant to protect financially you if you're involved in an accident. Learn about six types of car insurance coverage and what they do.  ( 19 min )

The federal poverty level is an economic measure used to decide whether an individual or family qualifies for federal benefits and programs.  ( 15 min )

People who are unbanked or underbanked must use expensive alternative financial services instead of credit cards and bank accounts. Learn how to become banked.  ( 21 min )

A tax shield is a reduction in taxable income by claiming allowable deductions such as mortgage interest and medical expenses.  ( 16 min )

From why things don't all cost the same to how investing works, money can be a puzzling topic for children. Here’s how to answer some of their more common questions.  ( 22 min )

A CFPB report calls out illegal fees in auto, student, and mortgage lending spaces. President Joe Biden is trying to crack down on them.  ( 11 min )

Silvergate's share price crashed more than 37% at Thursday's open after the firm said it will close its crypto bank operations.  ( 10 min )

Here is the A to Z of checking accounts: types of accounts, basics on check writing, debit cards, overdraft protection and much more.  ( 23 min )

Brookfield Renewable, Excelerate Energy, and Central Puerto S.A. lead for value, growth, and momentum, respectively.  ( 14 min )

Market risk is the possibility of an investor experiencing losses due to factors that affect the overall performance of the financial markets.  ( 23 min )

In the United States, sales tax is calculated as a percentage of the retail price of certain goods or services. Legislated and regulated at the state level, it provides revenue for government operations. Sales tax is a consumption tax paid by consumers at the point of sale and remitted to the government by businesses.  ( 15 min )

Families have several options for paying for a funeral, including using life insurance funds, withdrawing money from a savings account, and prepaying for a funeral in advance.  ( 15 min )

In 2014, Warren Buffett announced that he would give whoever could correctly guess every game of the NCAA men’s basketball tournament $1 million a year for life. What are the odds that someone could win the challenge?  ( 17 min )

The NCAA pulls in about a billion dollars each year in revenue on the tournament from media rights fees, ticket sales, corporate sponsorships, and television ads.  ( 17 min )

Successful retirement planning demands lots of saving and smart money management. But once you retire, how do you transition from saver to spender?  ( 20 min )

News of the day for March 9, 2023  ( 12 min )

New leasing activity is up as higher mortgage rates encourage renting over buying.  ( 11 min )

The sale of collectibles can lead to a cash windfall. However, proceeds are heavily taxed because collectibles are not considered economic drivers.  ( 17 min )

Property tax abatements can increase your home's value without increasing your property taxes. Here's how to make the most of them.  ( 18 min )

A tax lien certificate is a claim against property that has a lien placed upon it as a result of unpaid property taxes.  ( 18 min )

A stretch IRA is an estate planning strategy that can extend the tax-deferral benefits of an inherited IRA for generations. The strategy has been largely abolished but existing stretch IRAs are grandfathered in.  ( 16 min )

Home daycare insurance is essential if you provide childcare in your home. Learn what home daycare insurance is, how much it costs, and which companies offer it.  ( 17 min )

Crypto bank Silvergate Capital said it will wind down operations and liquidate, sending shares tumbling.  ( 11 min )

News of the day for March 8, 2023  ( 1 min )

U.S. stock markets were mixed on March 8, 2023, as Fed Chair Jerome Powell concluded his testimony before Congress and markets digested new jobs data.  ( 1 min )

Cloud software firm Salesforce.com (CRM) introduced artificial intelligence (AI) technology using ChatGPT to help companies connect with customers.  ( 1 min )

Shares of alcoholic beverage maker Brown-Forman (BF.B) dropped after the company reported a decline in profits, citing higher costs.  ( 1 min )

Shares of Tesla (TSLA) slipped on news of a safety investigation into the steering wheels on its Model Y SUVs and an analyst downgrade.  ( 1 min )

Shares of cybersecurity company CrowdStrike (CRWD) are rising 5% in early trading Wednesday after the company posted earnings that topped analyst estimates and offered an optimistic revenue outlook.  ( 1 min )

Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.  ( 1 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

Datadog's software suffered an outage after midnight Wednesday, and it persisted through the trading session as shares declined nearly 4%.  ( 24 min )

While Tesla’s recent Investor Day might have lacked the punch some investors were hoping for, CEO Elon Musk did double down on the need for a sustainable energy economy and stressed that it doesn’t have to come at the expense of other necessities. “There is a clear path to a sustainable-energy Earth,” Musk said. “It doesn’t require destroying natural habitats. It doesn’t require us to be austere and stop using electricity and be in the cold or anything.” “In fact,” Musk went on to add, “you coul  ( 49 min )

Silvergate said late Wednesday it would wind down operations after a run on the bank caused by crypto outflows led to mounting losses for the firm.  ( 48 min )

The company said its liquidation plan includes the full repayment of all deposits and that most deposit-related services will remain available during its wind-down.  ( 23 min )

MongoDB Inc. shares dropped in the extended session Wednesday after the database company’s revenue outlook overshadowed better-than-expected results. MongoDB...  ( 23 min )

Uber Technologies Inc. shares rose in extended trading Wednesday, up about 3%, after a report that the company is considering spinning off its struggling...  ( 22 min )

Asana Inc. on Wednesday reported and forecast narrower-than-expected losses, saying the figures reflected a firmer path to profitability.  ( 24 min )

(Bloomberg) -- Short sellers are making a fortune by loading up on bets against struggling crypto-friendly bank Silvergate Capital Corp.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekYour Next Holiday Flight Will Cost a FortuneIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Deepest Bond Yield Inversion Since Volcker Suggests Hard LandingGlobal Investors Contemplate Fallout From US Rates Reaching 6%Shares have plunged roughly 98% from a November 2021 p  ( 46 min )

Tesla stock has fallen for three consecutive days and six of the past seven. Shares are down about 10% since the March 1 investor event.  ( 23 min )

Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.  ( 12 min )

Many stocks are under pressure recently.  ( 47 min )

BlackRock Inc., the world's largest asset manager, is putting a 6% level for U.S. interest rates on the map --- a view that is only gaining more traction.  ( 26 min )

Top healthcare stocks include Theravance Biopharma for best value, Signify Health for fastest growth, and TransMedics Group for most momentum.  ( 15 min )

Intrepid Potash, Benson Hill, and Wabash National lead for value, growth, and momentum, respectively.  ( 16 min )

Bed Bath & Beyond Inc (NASDAQ: BBBY) has received approximately $135 million in gross proceeds, for a cumulative total of $360 million through Mar. 7, 2023, upon exercise of preferred stock warrants issued in its previously announced public equity offering. On Feb. 7, 2023, the company completed an underwritten public offering that raised initial gross proceeds of $225 million, enabling the company to receive up to an additional $800 million. The company has used proceeds received to date to rep  ( 46 min )

U.S. financial markets are taking a more cautious approach as they forecast future Federal Reserve interest-rate decisions after Chair Powell said...  ( 24 min )

A Roth conversion is one of the many tools in the financial toolbox to reduce taxes in retirement and maximize income. But not all retirees or those planning their retirement consider converting their savings into Roth assets, mainly because it … Continue reading → The post Want to Leave Assets to Your Heirs? Consider Using a Taxable Account to Pay for a Roth Conversion appeared first on SmartAsset Blog.  ( 49 min )

Income investors are always on the hunt for higher-dividend yields, but too often stocks with high-dividend yields can be yield traps that are at risk of being cut. But higher yields do not always make a stock risky. Sometimes yields rise because a sector is out of favor because of economic conditions. That’s been the case since May 2022 with real estate investment trusts (REITs), as inflation and interest rate hikes have decimated the share prices of many REITs from what they were in 2021. Here  ( 47 min )

U.S. banking giant JPMorgan (JPM) is ending its banking relationship with Gemini, the cryptocurrency exchange owned by Cameron and Tyler Winklevoss, according to a person familiar with the situation. Back in early 2020, JPMorgan took on Gemini and U.S.-listed exchange Coinbase as customers, the Wall Street Journal reported. Coinbase's banking relationship with JPMorgan remains intact, a spokesperson for the San Francisco-based exchange confirmed.  ( 46 min )

Fed's Jerome Powell hinted in February that inflation hikes would slow because disinflation was underway. But on Tuesday, he seemed to backtrack.  ( 48 min )

It’s time to brush up on yield curve inversions (again). They’ve predicted every recession since 1955.  ( 48 min )

Four years after two advisors’ recruiting move went haywire, a Finra arbitration panel ordered Morgan Stanley to pay damages to the advisors and rival Charles Schwab.  ( 23 min )

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The Pacer U.S. Cash Cows ETF has been a strong performer since the bull market for stocks ended.  ( 27 min )

Tesla Inc.'s stock on Wednesday extended its losses to a third session after Chief Executive Elon Musk's criticism of a laid-off Twitter employee went viral.  ( 24 min )

President Joe Biden's upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, the White House said Wednesday. It also is a sharp contrast with House Republicans, who have called for a path to a balanced budget but have yet to offer a blueprint. The White House has consistently called into question Republicans' commitment to what it considers a sustainable federal budget.  ( 49 min )

Tesla stock has fallen for three consecutive days and six of the past seven. Shares are down about 10% since the March 1 investor event.  ( 23 min )

Humane is raising $100 million in a new round of funding and plans to launch a product this spring that incorporates AI into a consumer device.  ( 26 min )

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(Bloomberg) -- Federal Reserve Chair Jerome Powell stressed that policymakers had not yet made up their minds on the size of their interest-rate increase later this month and said it would hinge on incoming data on jobs and inflation.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Your Next Holiday Flight Will Cost a FortuneGlobal Investors Contemplate Fallout From US Rates Reaching 6%Deepest Bond Yield I  ( 49 min )

United Natural Foods Inc (NYSE: UNFI) reported a second-quarter FY23 sales increase of 5.4% year-on-year to $7.82 billion, beating the consensus of $7.77 billion. The company attributed the sales growth to inflation and new business. Gross margin for the quarter was 13.7% versus 14.5% last year. The gross profit fell 0.6% to $1.1 billion. Operating margin was 0.8%, and operating income for the quarter declined 49.6% to $63 million. Adjusted EBITDA of $181 million decreased 17.7% Y/Y. Adjusted EP  ( 46 min )

I am 66 years old, still working and with very good health insurance. My company does not have a 401(k). I do have an individual retirement account (IRA) with approximately $120,000 invested. I contribute $272 per month, yet my program … Continue reading → The post Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution appeared first on SmartAsset Blog.  ( 49 min )

The Treasury yield curve is sending the market a stark warning about recession risks with the difference between 2-year and 10-year Treasury yields reaching the widest since 1981 on Tuesday.  ( 48 min )

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Apple's stock gained Wednesday after analyst Dan Ives at Wedbush raised his price target, citing signs that iPhone demand is rising in China.  ( 24 min )

Citadel's Ken Griffin said the Fed cannot work magic, so it must avoid making its job of tackling inflation harder by confusing markets.  ( 47 min )

Lavish extras, especially at tech firms, are disappearing.  ( 47 min )

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For investors, the stock market is always a game of risk and reward, and no segment exemplifies that better than the penny stocks. Defined as stocks trading at a price of less than $5, the pennies bring an ultra-low cost of entry to the table, along with a powerful potential for strong gains. At these low initial prices, even a small incremental increase in share price will quickly translate into a high-percentage gain on the initial investment – and for penny stocks’ fans, gains of 200% or even  ( 50 min )

Market risk indicators are signaling one of the highest probabilities of a crash in the next 60 days. The Bear Traps report founder Larry McDonald advises on how to allocate your capital.  ( 48 min )

The food distributor withdrew its long-term financial targets after missing earnings expectations in the second fiscal quarter.  ( 23 min )

The company said it received an additional $135 million and has entered into an updated agreement with creditors.  ( 23 min )

Recent events show again why Tesla investors wish Elon Musk would Tweet less.  ( 24 min )

Shares of Qualcomm Inc. gained 0.4% in premarket trading Wednesday, a day after closing at a seven-week low, after the semiconductor maker raised its...  ( 23 min )

CrowdStrike beats earnings and outlook expectations, sending the stock higher.  ( 24 min )

Retirement isn't always planned. For most people, reaching retirement age means finishing a lifetime of hard work. They have saved up enough to rest and enjoy their days without a daily grind. That isn't always the case though. Occasionally someone … Continue reading → The post How to Handle a Forced Retirement appeared first on SmartAsset Blog.  ( 51 min )

Based on the median costs of living in most parts of America, $5 million is more than enough for a very comfortable retirement. Based on average market returns, $5 million can support many households indefinitely. However, it also depends on … Continue reading → The post Is $5 Million Enough to Retire at 60? appeared first on SmartAsset Blog.  ( 50 min )

Don't wallow in fear — take advantage of it.  ( 49 min )

AerCap Holdings N.V. (NYSE: AER) announced that a subsidiary of General Electric Company (NYSE: GE) is offering 18 million shares of AerCap through an underwritten public offering. GE subsidiary GE Capital US Holdings, Inc. expects to grant the underwriters a 30-day option to purchase up to 2.7 million additional shares. AerCap will not receive any proceeds from the sale of the shares. AerCap has also agreed with GE Capital to repurchase $500 million of its shares at a price per ordinary share e  ( 45 min )

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Warren Buffett's Berkshire Hathaway now holds a roughly 22.1% stake in Occidental Petroleum.  ( 24 min )

AMC has been on 'The Threshold List' for over three weeks, indicating a number of Failures to Deliver, according to CEO Adam Aron.  ( 24 min )

Bank of America Corp. stock dipped 0.2% in premarket trade after falling more than 3% in the regular session on Tuesday. Odeon Capital downgraded the...  ( 23 min )

Tesla's stock is poised to shift into neutral, according to one analyst.  ( 48 min )

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Even the world’s richest man is impressed.  ( 48 min )

Tesla's stock drops again, Fresh Track Therapeutics' shares soars upon initial clinical trial results  ( 24 min )

Warren Buffett's Berkshire Hathaway now holds a roughly 22.1% stake in Occidental Petroleum.  ( 24 min )

Bed Bath & Beyond Inc. said Wednesday it has received about $135 million in gross proceeds from the exercise of preferred stock warrants that were issued as...  ( 23 min )

U.S. futures edged higher ahead of the open as Wall Street awaits for Powell to testify before the House Financial Services Committee Wednesday morning.  ( 48 min )

Shares of United Natural Foods Inc. plunged 20.8% toward a 19-month low in premarket trading Wednesday after the grocery wholesaler reported fiscal...  ( 23 min )

Jerome Powell called for even higher rates in his Senate Banking Committee testimony Tuesday; that could mean even better rates for savers.  ( 25 min )

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Diversey Holdings Ltd. stock is rallying by 37% in premarket action on Wednesday after the Bain Capital-backed chemical company agreed to a $4.6 billion...  ( 22 min )

When they were asked to jump-start the UK’s ailing car industry in the 1980s, Japanese car makers helped turn an industry marred by strikes and unpopular vehicles back into an export market for the UK, bringing faster and more efficient car building methods.  ( 49 min )

(Bloomberg) -- US mortgage rates increased for a fourth week to the highest level since mid-November, according to the Mortgage Bankers Association.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekIt Turns Out Money Does Buy Happiness, At Least Up to $500,000Global Investors Contemplate Fallout From US Rates Reaching 6%Powell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareThe con  ( 47 min )

You may only live once — but make sure you stay on top of your financial planning too.  ( 49 min )

BNP Paribas is predicting more pain in store for both stocks and bonds.  ( 26 min )

Biden’s high-earners tax plan, Buffett’s Berkshire buys more Occidental Petroleum stock, and other news to start your day.  ( 23 min )

China’s passenger car retail sales shrank almost 20% in the first two months of this year.  ( 26 min )

Have an issue with your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 24 min )

Haraldur "Hallie" Thorleifsson, from Reykjavík, Iceland, appealed to Musk over the weekend to determine his employment status.  ( 25 min )

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Is a 'golden visa' your golden ticket?  ( 49 min )

‘We, as a family, tend to live beyond our means, but I amplify that with my secret addiction.’  ( 27 min )

Saving money now is more lucrative than it has been in about 15 years, with some accounts paying 4% or more.  ( 28 min )

CrowdStrike issues an outlook for its fiscal first quarter and year that tops analysts' estimates, fiscal second-quarter revenue at Stitch Fix falls from a year earlier, and Warren Buffett's Berkshire Hathaway buys more shares of Occidental Petroleum.  ( 24 min )

America’s biggest oil gushers are shrinking, evidence that companies have drilled through much of their best wells and are poised to reach a plateau in productivity  ( 27 min )

(Bloomberg) -- As stock markets take another pummeling, more traders are hiding out in credit markets.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareXi’s Frustration at Biden Grows With Warning of ConflictCitadel’s Griffin Sees Setup for US Recession After ‘Traumatic’ InflationThey’re finding refuge in top-quality bonds, esp  ( 48 min )

CrowdStrike beat earnings and outlook expectations in the fourth quarter, sending the stock higher early Wednesday.  ( 24 min )

U.S. stock futures were struggling to recover from the latest sell-off as worries about a more hawkish Federal Reserve continued to push up bond yields.  ( 25 min )

(Bloomberg) -- Chinese tech giants led shares of Asian peers lower after hawkish comments from the Federal Reserve stoked concerns for the rate-sensitive sector.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareXi’s Frustration at Biden Grows With Warning of ConflictCitadel’s Griffin Sees Setup for US Recession After ‘Traumatic  ( 47 min )

(Bloomberg) -- Global stock markets struggled on Wednesday, after comments from Federal Reserve Chair Jerome Powell boosted interest rate wagers, drove up Treasury bond yields and revived fears that the world’s largest economy will not be able to dodge a recession.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededCitadel’s Grif  ( 48 min )

(Bloomberg) -- The price of Russian crude and fuel is rising for buyers in Asia as a pool of bigger customers from China and India expands, putting pressure on smaller refiners that have eagerly consumed the cheap oil.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededXi’s Frustration at Biden Grows With Warning of ConflictCitad  ( 48 min )

The offshore oil-and-gas industry has $214 billion of new project investments lined up in the next two years, according to Rystad Energy.  ( 25 min )

Warren Buffett's Berkshire Hathaway now owns 200.2 million shares in Occidental Petroleum following the latest $355 million investment.  ( 46 min )

With Apple leading the pack and other tech firms following, these are the 10 most profitable companies in the world by 12-month trailing net income.  ( 16 min )

Berkshire bought about 5.8 million shares of Occidental in a batch of sales Friday, Monday and Tuesday, according to a Tuesday filing with the Securities and...  ( 23 min )

(Bloomberg) -- Chinese tech giants led shares of Asian peers lower after hawkish comments from the Federal Reserve stoked concerns for the rate-sensitive sector.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededUS Banks Are Finally Being Forced to Raise Rates on DepositsChina Warns US Risks Catastrophe With Moves to ‘Contain’ B  ( 48 min )

(Bloomberg) -- Sea Ltd.’s stunning 22% pop tacked on more than $900 million to the personal wealth of founder Forrest Li, a vindication for the Chinese-born internet tycoon who presided over the worst year in his company’s history.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededUS Banks Are Finally Being Forced to Raise Rates  ( 48 min )

Warren Buffett's Berkshire Hathaway now holds a roughly 21.6% stake in Occidental Petroleum.  ( 23 min )

(Bloomberg) -- A possible peak of 6% for US interest rates is rippling through markets, as more investors start to weigh the knock-on effect of such a scenario on stocks, bonds and currencies.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededUS Banks Are Finally Being Forced to Raise Rates on DepositsChina Warns US Risks Catast  ( 49 min )

Inflation remains high, and that was on the mind of Jerome Powell as the Federal Reserve chair gave testimony to the Senate Banking committee today. Powell made it clear that the central bank is likely to lift interest rates higher than previously anticipated. Currently, the Fed’s key funds rate is set in the range of 4.5% to 4.75%. “Although inflation has been moderating in recent months, the process of getting inflation back to 2% has a long way to go, and is likely to be bumpy… The latest eco  ( 49 min )

(Bloomberg) -- Welcome to day two of CERAWeek by S&P Global in Houston. In the morning, Exxon Mobil Corp. Chief Executive Officer Darren Woods slammed Europe’s windfall profit tax on oil and gas producers, while US Special Presidential Envoy for Climate John Kerry called for finding ways to meet energy demand without undermining the transition to cleaner fuels.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund Medicar  ( 57 min )

De achtergestelde positie van vrouwen ten opzichte van mannen in Nederland verdwijnt de komende jaren sneller dan tot nu toe het geval was. Dat voorspelt de leider van de Nederlandse inbreng in een wereldwijd onderzoek naar ongelijkheid tussen mannen en vrouwen. Hij krijgt bijval van het Sociaal en Cultureel Planbureau (SCP) en experts.  ( 9 min )

Een Spaanse man moet zijn ex-vrouw ruim 204.000 euro betalen vanwege het werk dat zij thuis verrichte tijdens hun huwelijk. De vrouw verzorgde gedurende die 25 jaar vooral het huishouden, terwijl de man de kost verdiende. Dat terwijl het tweetal niet in gemeenschap van goederen was getrouwd, waardoor de vrouw bij de scheiding met lege handen achterbleef.  ( 3 min )

De waterschappen verwachten dit jaar meer dan 3,5 miljard euro belasting te heffen. Dat is 260 miljoen euro meer dan is begroot voor 2022. Huishoudens, boeren, natuurbeheerders en bedrijven in het gebied van het waterschap betalen deze heffingen.  ( 3 min )

Het kabinet gaat de export van chiptechnologie naar China beperken. Daarbij kijkt het vooral naar de Nederlandse chipmachinefabrikant ASML. Wat maakt dit bedrijf eigenlijk?  ( 3 min )

Het kabinet legt de export van Nederlandse chipmachines naar China verder aan banden. Dat zegt minister Liesje Schreinemacher (Buitenlandse Handel) woensdag tegen De Telegraaf. In een Kamerbrief over nieuwe exportrestricties voor de chipindustrie schrijft de minister dat die nodig zijn voor de "internationale veiligheid".  ( 4 min )

Energiebedrijven moeten ook na 1 april aan strengere voorwaarden voldoen voordat zij klanten met betalingsproblemen mogen afsluiten. Het kabinet had de regels eind vorig jaar tijdelijk veranderd om kwetsbare huishoudens de winter met hoge gasprijzen door te helpen.  ( 3 min )

Volkswagen wil versneld een grote batterijfabriek in de Verenigde Staten bouwen in plaats van een soortgelijke fabriek in Oost-Europa. Dat meldt de Britse zakenkrant Financial Times op basis van ingewijden. De Duitse autobouwer kan in de VS profiteren van veel subsidies. Onlangs besloot Tesla ook al investeringen te verschuiven van Duitsland naar de VS.  ( 3 min )

2,2 miljoen particulieren en ondernemers hebben in de eerste week van maart hun belastingaangifte gedaan. Dat zijn er 252.000 meer dan vorig jaar in de eerste week, blijkt uit de recentste cijfers van de Belastingdienst.  ( 3 min )

Europese economische cijfers over het einde van 2022 vallen slechter uit dan gedacht. De economie van de eurozone is in het vierde kwartaal toch niet gegroeid ten opzichte van de voorgaande drie maanden. Eerder meldde statistiekbureau Eurostat nog een groei van 0,1 procent. En in de hele EU was sprake van krimp in plaats van stagnatie.  ( 3 min )

De vierdaagse werkweek is bezig aan een opmars in ons land. Steeds meer mensen maken met hun werkgever de afspraak om een of twee dagen minder te werken. Het is niet voor niets dat het aantal deeltijders inmiddels is toegenomen tot ruim 4,6 miljoen. Bovendien werken we gemiddeld 32,2 uur per week en dat is minder dan in de rest van Europa.  ( 5 min )

Gasunie heeft ruim 200 miljoen euro afgeboekt op haar belang in de gaspijplijn Nord Stream. De leiding is in september gesaboteerd en wordt waarschijnlijk niet meer in gebruik genomen. Verder maakte de gastransporteur bekend dat topman Han Fennema in september terugtreedt.  ( 4 min )

Elon Musk heeft op Twitter excuses aangeboden voor het beledigen van een ontslagen medewerker. De miljardair zei eerder dat Haraldur Thorleifsson, die aan spierdystrofie lijdt, zijn aandoening gebruikt om niet te hoeven werken.  ( 3 min )

Mensen die hun baan in de zorg zijn kwijtgeraakt door langdurige en aanhoudende klachten na corona krijgen daar voorlopig geen geld voor. Vakbonden FNV en CNV hadden daarvoor een kort geding aangespannen, maar de eis is woensdag afgewezen door de rechtbank Den Haag.  ( 3 min )

Twitter verdient mogelijk voor de zomer al meer geld dan het socialemediabedrijf uitgeeft. Volgens eigenaar Elon Musk balanceerde het bedrijf de afgelopen tijd op de rand van de afgrond. De miljardair zegt een faillissement te hebben voorkomen door duizenden werknemers te ontslaan en flink in andere kosten te snijden.  ( 3 min )

We gaan steeds vaker op de fiets naar ons werk. Het aantal fietsritten naar kantoor is afgelopen jaar met ruim twee miljoen per werkweek gestegen. Mensen kiezen vooral voor de tweewieler vanwege het gemak en omdat het goed is voor de gezondheid.  ( 3 min )

Huishoudens hebben in januari ruim 6 procent meer besteed dan in dezelfde maand vorig jaar. We hebben vooral meer uitgegeven in de horeca, maar ook vaker bioscopen, theaters en musea bezocht. Verder kochten we meer kleding, textiel, schoenen en elektrische apparaten, zo blijkt woensdag uit cijfers van statistiekbureau CBS.  ( 3 min )

Expert Erica Sandberg explains how to escape a cycle of debt with several strategies. Learn about key tips for reducing and staying out of high debt.  ( 18 min )

Shares of alcoholic beverage maker Brown-Forman (BF.B) dropped after the company reported a decline in profits, citing higher costs.  ( 10 min )

Shares of Tesla (TSLA) slipped on news of a safety investigation into the steering wheels on its Model Y SUVs and an analyst downgrade.  ( 11 min )

A variable-rate certificate of deposit is an investment product with relatively low risk, but its interest rate can fluctuate, unlike most standard CD, which have fixed rates.  ( 17 min )

U.S. stock markets were mixed on March 8, 2023, as Fed Chair Jerome Powell concluded his testimony before Congress and markets digested new jobs data.  ( 11 min )

If your employer freezes your 401(k) plan, you can no longer contribute to your account or make withdrawals, but the money still belongs to you.  ( 16 min )

After rising natural gas prices shoved power generation costs higher last year, wholesale prices should drop considerably this year, government agency says  ( 12 min )

The top growth stocks this month include GlobalFoundries, Aptiv, and Ardagh Metal Packaging, which are leading peers in earnings growth.  ( 18 min )

If an individual is considered an employee, then the employer is responsible for taxes. If they are considered an independent contractor, they must report themself.  ( 14 min )

After dipping for two days, 30-year mortgage rates have reclaimed some ground with a small increase.  ( 12 min )

A Roth IRA conversion is a way to move money from a traditional, SEP, or SIMPLE IRA, or a defined-contribution plan like a 401(k), into a Roth IRA.  ( 17 min )

Here’s a look at the differences between private foundations and public charities, both of which are types of charitable organizations.  ( 18 min )

Warren Buffett’s Berkshire Hathaway added to its already large Occidental Petroleum stake over the past trading sessions, a regulatory filing revealed Tuesday evening.  ( 11 min )

Generally, personal loans cannot be transferred to another person, but mortgages and car loans can be exceptions to the rule.  ( 16 min )

Itemizing deductions allows some taxpayers to reduce their taxable income, and thus their taxes, by more than if they used the standard deduction.  ( 17 min )

An excise tax is an indirect tax charged by the government on the sale of a particular good or service.  ( 20 min )

A Roth IRA is a special individual retirement account (IRA) in which you pay taxes on contributions, and then all future withdrawals are tax-free.  ( 31 min )

Top healthcare stocks include Theravance Biopharma for best value, Signify Health for fastest growth, and TransMedics Group for most momentum.  ( 14 min )

Intrepid Potash, Benson Hill, and Wabash National lead for value, growth, and momentum, respectively.  ( 16 min )

If you’re looking for a job, there are still plenty of them to be had. Despite an uptick in layoffs, there were still 1.9 open positions per unemployed worker in January.  ( 11 min )

A credit card can help a child learn healthy money habits, but there are also some risks to consider. Learn about the pros and cons of giving a child a credit card.  ( 19 min )

Your Social Security is taxable if you meet specific income levels. Here are three strategies that can reduce the taxes if you're required to pay.  ( 23 min )

High mortgage rates hurt affordability and dampen demand, along with builders' confidence  ( 12 min )

Payroll provider ADP’s National Employment Report showed private sector employment increased by 242,000 last month, more than economists’ forecasts and above January’s upwardly-revised gain of 119,000.  ( 12 min )

Find out how and when withdrawals from your traditional or Roth IRAs and 401(k)s affect your tax bracket and how to keep your tax rate low.  ( 21 min )

Even if you planned carefully for your retirement years, you'll still need to manage your income, investments, and expenses in the years ahead.  ( 20 min )

Here's a list of what you need to qualify for a car title loan. Most important: having sole ownership of your car with no liens.  ( 15 min )

The fixed amortization method spreads retirees’ account balances over their respective remaining life expectancies, as estimated by IRS tables.  ( 15 min )

Schedule A (Form 1040 or 1040-SR) is an IRS form for U.S. taxpayers who choose to itemize their tax-deductible expenses rather than take the standard deduction.  ( 15 min )

Shares of cybersecurity company CrowdStrike (CRWD) are rising 5% in early trading Wednesday after the company posted earnings that topped analyst estimates and offered an optimistic revenue outlook.  ( 10 min )

The life expectancy method calculates IRA payments by dividing the balance of a retirement account by the policyholder’s anticipated length of life.  ( 15 min )

News of the day for March 8, 2023  ( 10 min )

IRAs have certain tax advantages that allow you to bolster your nest egg, but annual limits exist on how much you can contribute.  ( 21 min )

If you’re overwhelmed with debt, a debt management plan through a nonprofit credit counseling agency can help you pay it off. Learn how these plans work.  ( 16 min )

Form 1040-V: Payment Voucher is a payment voucher that you send to the IRS along with your tax return if you make a payment with a check or money order.  ( 17 min )

You can take money out of a Roth IRA, but learn when and how to do so to avoid any taxes and penalties. Read on to learn about Roth IRA withdrawal rules.  ( 25 min )

Donating to charity is a great way to show your giving spirit and save money on your taxes at the same time.  ( 16 min )

President Joe Biden is set to release his proposed budget on Thursday. Here are five things to expect.  ( 11 min )

For International Women’s Day, Investopedia asked female financial advisors what representation means to them and how the industry can improve.  ( 12 min )

Tax-deductible interest is a borrowing expense that taxpayers can claim on federal and state tax returns to reduce their taxable income and save money.  ( 18 min )

With Apple leading the pack and other tech firms following, these are the 10 most profitable companies in the world by 12-month trailing net income.  ( 16 min )

These refundable AMT credits helped taxpayers save on taxes, AMT bills and more – but expired in 2012.  ( 16 min )

Find out how your accounts are taxed and learn which forms you use to report your interest income.  ( 19 min )

CDs are FDIC-insured, so they do not lose money. However, broker-issued CD accounts do carry risks.  ( 18 min )

Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Federal Deposit Insurance Corporation (FDIC) to announce the bank had entered receivership after close of business Friday.  ( 53 min )

CrowdStrike Holdings Inc. shares surged in the extended session Tuesday after the cybersecurity company's earnings beat.  ( 25 min )

Shares of branding and marketing company Troika Media Group Inc. fell 51% after hours to 28 cents, following a 27% decline in the regular session after it...  ( 23 min )

Stocks moving in after hours: Stitch Fix, CrowdStrike  ( 46 min )

Charlie Munger is the billionaire extraordinaire who wears many hats, including being the director of Daily Journal Corp. and the longtime vice chairman of the legendary Warren Buffett's holding firm Berkshire Hathaway Inc. His decades-long experience in investing and finance makes him a force to be reckoned with. Munger has some advice for young investors who are looking to make their mark in the world of finance. He's warning the latest batch of college grads that getting rich and staying that  ( 47 min )

(Bloomberg) -- The bond market is doubling down on the prospect of a US recession after Federal Reserve Chair Jerome Powell warned of a return to bigger interest-rate hikes to cool inflation and the economy. Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareUS Banks Are Finally Being Forced to Raise Rates on DepositsChina Warns  ( 48 min )

(Bloomberg) -- The specter of peak oil that haunted global energy markets during the first decade of the 21st century is once again rearing its head. Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededUS Banks Are Finally Being Forced to Raise Rates on DepositsChina Warns US Risks Catastrophe With Moves to ‘Contain’ BeijingMajor  ( 48 min )

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Utility-scale energy-storage-product provider Energy Vault expects to generate about $375 million in 2023 sales—far below what analysts had expected.  ( 23 min )

Bank stocks were hit hard, as investors braced for a longer cycle of interest rate increases. Electric vehicle makers also stumbled.  ( 27 min )

When he was running for president, Joe Biden was very clear that he was not Bernie Sanders - he wasn't a socialist, and he didn't believe the American economy and political system did not need to be completely torn down. … Continue reading → The post Biden Wants to Close Tax Loopholes and Raise Taxes on Rich People to Protect Medicare appeared first on SmartAsset Blog.  ( 48 min )

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(Bloomberg) -- Former Treasury Secretary Lawrence Summers took the over while ex-International Monetary Fund chief economist Olivier Blanchard took the under in a good-natured debate on Tuesday about the level of interest rates over the long haul.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicarePowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededXi’s Frustration at Biden Grows  ( 48 min )

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It’s ‘like old times again’ for cruise operators, analyst says.  ( 24 min )

The top tech penny stocks by 12-month total returns are ride-hailing company DiDi Global, enterprise software support provider Remini Street, and data management solutions provider AvePoint Inc.  ( 18 min )

How much tax you owe on an IRA withdrawal depends on your age, the type of IRA, and other factors. Use them to decide which type(s) of IRA to fund.  ( 18 min )

Lundin Mining, Southern Copper, and Ero Copper lead the pack for value, growth, and performance, respectively.  ( 15 min )

Tesla is a disruptive force upending the traditional car business. That isn't all bad for existing industry players.  ( 23 min )

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The fund’s rapid ascent puts it in rarified air.  ( 49 min )

When it comes to advising high-net-worth clients, financial advisors have a lot at stake. That's especially true when it comes to helping clients steer clear of common mistakes and pitfalls. "Addressing common client mistakes looks different with high-net-worth clients because … Continue reading → The post 5 Common Mistakes High-Net-Worth Clients Make appeared first on SmartAsset Blog.  ( 47 min )

Judges sounded skeptical of the SEC's arguments for barring the Grayscale Bitcoin Trust from becoming an ETF.  ( 23 min )

Sea's fourth-quarter results blew Wall Street's expectations out of the water  ( 45 min )

The spread between 2- and 10-year Treasury yields plunges to around minus 104.6 basis points, heading for a level not seen since Sept. 22, 1981.  ( 26 min )

Altria Group could use proceeds from the sale of its $11 billion interest in Anheuser-Busch, the top global beer maker, for stock buybacks.  ( 24 min )

Arguments in a closely-followed lawsuit between crypto firm Grayscale and the SEC suggested some investors are optimistic Grayscale's Bitcoin Trust could win approval to convert to an ETF.  ( 49 min )

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Here's what the Fed Chair told the Senate Banking Committee and how we view what's ahead -- including with one of our stock holdings.  ( 8 min )

The lawsuit argues that the moratorium, which has led to millions of dollars in lost profits for the company’s core refinancing business, has no legal basis.  ( 48 min )

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(Bloomberg) -- A hawkish warning from Federal Reserve Chair Jerome Powell that the central bank could speed up interest rate hikes upended Wall Street recent thinking that inflation would be tamed with more modest measures. Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekUS Banks Are Finally Being Forced to Raise Rates on DepositsPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededChina Warns US Risks Catastrophe With Moves to ‘Contain  ( 49 min )

In 2022, Cathie Wood and Ken Griffin’s paths couldn’t have diverged any more sharply. While Wood’s bet on innovative growth-flavored stocks proved disastrous with her flagship ARKK fund posting huge losses, Griffin’s Citadel hedge fund notched profits of $16 billion – the most Wall Street had ever seen. But while the two famous investors’ fortunes differed dramatically last year, the pair have some things in common; both try to beat the market using singular techniques whether it’s Wood’s pencha  ( 50 min )

Rivian shares are sliding today as the EV-maker announces plans for a “green” debt offering. Rivian says it intends to sell $1.3 billion worth of “green” convertible senior notes due in 2029, with the option to grant an additional $200 million worth of convertible notes to the original purchasers.  ( 47 min )

The company said it expects revenue for the fiscal year ended Feb. 28 of about $656 million, below analyst expectations.  ( 24 min )

There is no mystery about why Social Security is in trouble.  ( 26 min )

The U.S.-listed shares of BlackBerry Ltd. took a 13.1% beating in midday trading Tuesday, after the Ontario-based security software company said it would...  ( 23 min )

California-based student loan refinancer SoFi claims that the pause on student loan payments is no longer legal since the pandemic has ended.  ( 12 min )

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AI companies such as C3.ai see a massive opportunity beyond the artificial intelligence hype.  ( 47 min )

The United States is less reliant on foreign energy under President Biden than it was under Trump.  ( 48 min )

Consumer spending is not slowing at the rate the Fed hoped for, Brian Moynihan said.  ( 48 min )

Consumer internet company Sea Limited (NYSE: SE) reported fourth-quarter FY22 revenue growth of 7.1% year-on-year to $3.45 billion, beating the consensus of $3.06 billion. Digital Entertainment revenue decreased 32.9% Y/Y to $948.86 million. The bookings declined 18% Q/Q to $543.6 million. The segment-adjusted EBITDA was $258.2 million, compared to $289.9 million in the prior quarter. The segment's quarterly active users were 485.5 million, compared to 568.2 million a quarter ago. Average bookin  ( 46 min )

Sirius XM Holdings Inc (NASDAQ: SIRI) shared plans to downsize its workforce by 475 roles, or 8%, after a strategic review. "We are entering into a new phase for our Company. The investments we are making in the business this year, coupled with today's uncertain economic environment, require us to think differently about how our organization is structured." "As I shared in November, our planning process for 2023 included an enterprise-wide review of our business to identify opportunities for gre  ( 46 min )

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CEO Sundar Pichai is cutting back on large pay rises, as investors demand management take more forceful action to reduce its bloated cost base.  ( 47 min )

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Fed Chair Jerome Powell told lawmakers in prepared remarks on Tuesday interest rates are likely to rise "higher than previously anticipated" as the central bank struggles to bring inflation back to its 2% target.  ( 48 min )

The S&P 500 has typically risen after a Fed chair testifies before Congress.  ( 24 min )

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Black Knight Inc. and Intercontinental Exchange Inc. cut the value of their merger deal by about $1.4 billion on Tuesday after Black Knight said it’s selling...  ( 23 min )

Stock futures were fractionally higher ahead of testimony on Capitol Hill from Fed Chair Jerome Powell on Tuesday morning.  ( 47 min )

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By Ernest Dela Aglanu, Benzinga  ( 49 min )

The crypto exchange's response to the alleged theft “disclaimed any responsibility for the hacking of its customers’ accounts".  ( 46 min )

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The electric-trucks start-up announced plans to raise money selling convertible debt.  ( 24 min )

The Euro initially tried to rally during the trading session on Tuesday but gave back gains rather quickly as it looks like the 1.07 level will continue to be a bit of a headache.  ( 46 min )

The job cuts reported by Bloomberg would come on top of the 11,000 announced in November.  ( 23 min )

Stock futures were fractionally higher ahead of testimony on Capitol Hill from Fed Chair Jerome Powell on Tuesday morning.  ( 47 min )

The Earth imaging company expects to generate about $93 million in 2023 sales. Wall Street was looking for about $106 million.  ( 24 min )

ADial Pharmaceuticals stock soars after alcohol disorder treatment clinical trial news, Squarespace rises after estimate-beating results.  ( 24 min )

“You have to reveal things for people to learn,” she says.  ( 47 min )

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There's room for everyone on this raft.  ( 48 min )

For the first time since O.C. Tanner began measuring engagement and cultural sentiment, managers are reporting lower morale than their reports.  ( 48 min )

No matter what the Fed chief has to say this week, the market has one idea stuck in its brain right now, and it's all wrong, says our call of the day from...  ( 27 min )

The search engine giant is facing what is likely its greatest competitive threat since it was founded in 1998, forcing Pichai to make tough choices on costs.  ( 48 min )

The electric-trucks start-up announced plans to raise money selling convertible debt.  ( 24 min )

(Bloomberg) -- Sea Ltd. reported its first-ever profit, a milestone in the Southeast Asian gaming and e-commerce giant’s turnaround effort to convince investors of its money-making potential.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekUS Banks Are Finally Being Forced to Raise Rates on DepositsTrump’s Threat of a Third-Party Run Is Undercut by ‘Sore Loser’ LawsTesla Slashes Model S and X Prices for the Second Time This YearChina Warns US Risks Catastrophe With M  ( 48 min )

GE's stock is too richly valued, warns the influential JPM coverage team.  ( 48 min )

(Bloomberg) -- Stocks are unpredictable, so people buy protection in case they crash. But the tactics Wall Street has devised to protect investors at times of crisis are just as hard to forecast, and what seems like prudent hedging may just make things worse.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekPowell Sees Higher Peak for Interest Rates, Says Fed Prepared to Speed Up If NeededBiden Eyes Tax Hike on Income Over $400,000 to Fund MedicareUS Banks Are Finally  ( 49 min )

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The job cuts reported by Bloomberg would come on top of the 11,000 announced in November.  ( 23 min )

Have a question or comment about your financial adviser? Email picks@marketwatch.com for advice.  ( 24 min )

Elon Musk has publicly questioned the work ethic of a disabled Twitter director who was forced to contact the billionaire personally to ask if he’d been sacked.  ( 47 min )

Trading is muted ahead of Federal Reserve Chairman Jerome Powell's testimony to the Senate on Tuesday, due to commence at 10 a.m. Eastern.  ( 25 min )

There are few things investors enjoy more than receiving a dividend payment each quarter. However, a popular ETF from JPMorgan, the JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI), takes this approach and does it one better by paying investors a dividend on a monthly basis. Not only that, but JEPI’s dividend yield is a massive 11.8% on a trailing basis, which is more than seven times the average yield for the S&P 500 of 1.65% and nearly three times the yield that investors can get from 10-yea  ( 50 min )

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Shares of autonomous-truck startup Embark Technology Inc. sank Monday after the company announced deep layoffs and said it may go out of business.  ( 23 min )

Slow disinflation and a still-strong jobs market have sparked fears the Fed may be readying to pull the trigger on further aggressive rate hikes in an effort to cool off economic activity and bring inflation down. Nevertheless, the overall backdrop of continued growth momentum isn’t necessarily bad for stocks, according to Goldman Sachs strategist Kamakshya Trivedi. “Our overall view is still more consistent with slow disinflation amid some further improvement to global growth. That mix should m  ( 51 min )

A private bank is trying to force the Biden administration to end its pause on federal student loan payments, arguing the moratorium has no legal basis and has cost the bank, known for its refinancing business, millions of dollars in profits. In a federal lawsuit filed Friday in Washington, SoFi Bank N.A. asked a federal judge to overturn President Joe Biden’s latest extension of the payment pause. Student loan payments first were halted at the start of the pandemic by President Donald Trump's administration.  ( 48 min )

News of the day for March 7, 2023  ( 1 min )

U.S. stocks tumbled on March 7, 2023, after Fed Chair Jerome Powell suggested that interest rates would need to remain higher to fight inflation.  ( 1 min )

DOJ has until March 8 to sue to block the deal, which was announced last summer. The Transportation Department can also take action to prevent the merger.  ( 1 min )

Hoewel veel ouders werk en de zorg voor kinderen gelijk willen verdelen, lukt dat vaak niet. Bij 48 procent van de stellen werkt de man meer en zorgt de vrouw meer voor de kinderen. Bij slechts één op de tien stellen zijn beide taken gelijk verdeeld.  ( 4 min )

De Europese Centrale Bank moet aan de slag om de inflatie weer naar 2 procent te brengen. Dat zegt Klaas Knot, de president van De Nederlandsche Bank (DNB). Volgens hem moet de ECB de rente niet alleen in maart, maar nog vaker verhogen om de inflatie te beteugelen.  ( 4 min )

De Europese Centrale Bank moet aan de slag om de inflatie weer naar 2 procent te brengen. Dat zegt Klaas Knot, president van De Nederlandsche Bank (DNB). Volgens hem moet de ECB de rente niet alleen in maart maar nog vaker verhogen om de inflatie te beteugelen.  ( 4 min )

Onderzoekers beginnen langzaam maar zeker de groep die achter de Nord Stream-explosies zat in beeld te krijgen. Lange tijd werd met de beschuldigende vinger naar Rusland gewezen, maar volgens The New York Times is het zeer waarschijnlijk dat een pro-Oekraïense groep achter de actie zit.  ( 4 min )

Verhuurders mogen in de toekomst nog maar twee maanden huur als borg in rekening brengen voor een woning. Ook moeten huurders meer informatie krijgen over de hoogte en voorwaarden van de borg.  ( 3 min )

Onderzoekers beginnen langzaam maar zeker de groep die achter de Nord Stream-explosies zat in beeld te krijgen. Lange tijd werd met de beschuldigende vinger naar Rusland gewezen, maar volgens The New York Times is het zeer waarschijnlijk dat een pro-Oekraïense groep achter de actie zit.  ( 4 min )

Sonos heeft twee nieuwe luidsprekers gepresenteerd: de Era 100 en de Era 300. Beide speakers werken via wifi en bluetooth. De Era 300 ondersteunt ook ruimtelijke audio (of spatial audio), maar spraakassistent Google Assistent ontbreekt.  ( 5 min )

Ook na de coronapandemie heeft speelgoedmaker LEGO weer voor miljarden euro's aan blokjes weten te verkopen. Vooral het succes van bouwsets van Harry Potter en Star Wars heeft het bedrijf in 2022 goedgedaan.  ( 3 min )

Sam Altman is nog niet zo'n bekende naam als Elon Musk of Mark Zuckerberg. Maar hij zou weleens de volgende ster van Silicon Valley kunnen worden. Altman staat aan het roer bij OpenAI, de maker van de AI-chatbot ChatGPT. Met dat programma zette hij de techwereld op zijn kop.  ( 5 min )

Frits van Eerd keert niet meer terug als bestuursvoorzitter van supermarktketen Jumbo, ongeacht de uitkomst van het strafrechtelijk onderzoek naar hem. Tijdelijke topman Ton van Veen neemt het roer definitief over.  ( 3 min )

In de raden van bestuur bij Nederlandse banken en investeringsmaatschappijen is ongeveer een op de vijf personen een vrouw. Dat blijkt uit onderzoek van de Europese Banken Autoriteit (EBA). Daarmee zit ons land in de Europese middenmoot. Ook krijgen bij de onderzochte bedrijven vrouwen vaak minder betaald dan hun mannelijke collega's.  ( 4 min )

Sam Altman is nog niet zo'n bekende naam als Elon Musk of Mark Zuckerberg. Maar hij zou weleens de volgende ster van Silicon Valley kunnen worden. Altman staat aan het roer bij OpenAI, de maker van de AI-chatbot ChatGPT. Met dat programma zette hij de techwereld op zijn kop.  ( 7 min )

Bierbrouwer Heineken had naar eigen zeggen duidelijker moeten zijn over zijn activiteiten in Rusland, zoals de introductie van tientallen nieuwe producten. Het bedrijf verontschuldigt zich daarom op zijn eigen website.  ( 4 min )

Zalando, dat tijdens de lockdowns hard groeide, zag zijn winst afgelopen jaar ruim halveren. De consument gaat namelijk weer vaker naar de fysieke winkels om kleding te kopen. Het bedrijf sluit daarom niet uit dat het dit jaar een klein omzetverlies in de boeken moet zetten.  ( 3 min )

De treinen van Arriva rijden dinsdag niet in Friesland en Groningen vanwege een staking. De snelbus tussen Groningen en Leer rijdt wel, laat Arriva dinsdagochtend weten.  ( 3 min )

Cloud software firm Salesforce.com (CRM) introduced artificial intelligence (AI) technology using ChatGPT to help companies connect with customers.  ( 10 min )

U.S. stocks tumbled on March 7, 2023, after Fed Chair Jerome Powell suggested that interest rates would need to remain higher to fight inflation.  ( 10 min )

The 16th Amendment to the U.S. Constitution, which was ratified in 1913, allows Congress to levy a tax on income from any source without apportioning it among the states and without regard to the census.  ( 16 min )

Find out what IRS regulations exist regarding 401(a) retirement savings plans, including which aspects are dictated by the sponsoring employer.  ( 15 min )

We considered short-term disability quotes, average cost, and how to save money to help you get the best short-term disability policy at a price you can afford.  ( 13 min )

Biothermal energy is a type of renewable energy derived from the heat and gas byproducts of composting organic material.  ( 12 min )

Payday loans are designed to be quick and easy and generally have limited qualification requirements.  ( 16 min )

The rules for required minimum distributions (RMDs) can be tricky, and failing to comply with them can mean a 50% tax penalty.  ( 17 min )

The top tech penny stocks by 12-month total returns are ride-hailing company DiDi Global, enterprise software support provider Remini Street, and data management solutions provider AvePoint Inc.  ( 18 min )

How much tax you owe on an IRA withdrawal depends on your age, the type of IRA, and other factors. Use them to decide which type(s) of IRA to fund.  ( 17 min )

Individual investors may not understand how to determine the appropriate risk level their portfolios should bear.  ( 18 min )

Lundin Mining, Southern Copper, and Ero Copper lead the pack for value, growth, and performance, respectively.  ( 15 min )

Using more than one financial advisor for money management has its pros and cons.  ( 14 min )

Reverse mortgages are typically more expensive than a traditional home loan. What fees are charged, and how much will they add to your bottom line?  ( 17 min )

Short selling is a way to profit from a stock whose price the investor expects to fall.  ( 19 min )

Find out whether interest on personal loans is tax deductible and what types of loan interest can be used to reduce your taxable income.  ( 15 min )

Break-even analysis calculates a margin of safety where an asset price, or a firm's revenues, can fall and still stay above the break-even point.  ( 20 min )

Though the top nationwide rate remained steady in many CD terms this week, three terms saw a notable bump up.  ( 12 min )

Personal loan rates are on average slightly higher this week, though they declined for those with Excellent or Fair credit.  ( 12 min )

U.S. economy could suffer a “cataclysmic” blow, leading to the loss of 7 million jobs, if Congress’s standoff over the debt ceiling drags on through November.  ( 11 min )

If you are seeking a personal loan, be aware of these eight potential pitfalls before you proceed.  ( 14 min )

Taming inflation will require the Fed to raise interest rates higher than it had forecast, Chair Jerome Powell said in a Senate banking committee hearing Tuesday.  ( 12 min )

Collateralization is the use of a valuable asset to secure a loan against default. The collateral can be seized by the lender to offset any loss.  ( 14 min )

The Securities Exchange Commission laid out its defense for the rejection of an ETF in the case against Grayscale Investments.  ( 11 min )

Rates on 30-year mortgages dipped for a second day, taking the flagship average to its lowest point in a week.  ( 11 min )

Before you sign up for a high interest car title loan, investigate these eight alternative cash-raising strategies.  ( 18 min )

We compared long-term disability insurance quotes, average costs, and ways to save to help you determine if long-term disability insurance is worth it.  ( 13 min )

California-based student loan refinancer SoFi claims that the pause on student loan payments is no longer legal since the pandemic has ended.  ( 11 min )

The Investopedia Simulator is a great way to learn about trading without the risk of losing money.  ( 18 min )

A car title loan is a type of short-term loan in which the borrower pledges their car as collateral. They are also known as auto title loans.  ( 14 min )

A betting odd opportunity should be considered valuable if the probability assessed for an outcome is higher than the implied probability estimated by the bookmaker.  ( 19 min )

You can take several steps to start to build a credit history, including by opening a secured credit card and paying all your bills on time. Learn about other strategies.  ( 18 min )

Read about the five largest financial advisory services firms in the United States, including big names such as Vanguard and J.P. Morgan Chase.  ( 15 min )

Intraday trading is risky, but potentially can be profitable. Here are some guidelines for picking the best day-trading stocks, and how to get in and out of them with a profit.  ( 22 min )

SALT loans allow borrowers to maintain ownership of their blockchain assets, while also gaining access to cash via a loan.  ( 17 min )

Form 8880: Credit for Qualified Retirement Savings Contributions is an IRS form for claiming the retirement saver's credit on an individual's taxes.  ( 16 min )

News of the day for March 7, 2023  ( 11 min )

DOJ has until March 8 to sue to block the deal, which was announced last summer. The Transportation Department can also take action to prevent the merger.  ( 11 min )

Tesla cars are more expensive than the average price of similar-sized cars. Learn about the average cost of buying a Tesla and about tax credit requirements.  ( 16 min )

Despite sky-high home prices, many would-be home sellers have a powerful reason not to list their houses: locked-in low interest rates. A chart shows how homeowners’ “golden handcuffs” are hurting the housing market.  ( 10 min )

With the shift away from pensions, workers are becoming more responsible for their own retirement needs. Unfortunately, many are falling short.  ( 19 min )

Satellite and online radio broadcaster Sirius XM Holdings (SIRI) announced that it will reorganize its operations and eliminate 8% of its workforce.  ( 10 min )

The top solar stocks include Daqo New Energy for best value, JinkoSolar for fastest growth, and Enlight Renewable Energy for most momentum.  ( 18 min )

U.S. stocks were mostly flat on Monday, March 6, 2023, with testimony from the Fed chair and February labor data looming later in the week.  ( 10 min )

Roth IRAs offer significant tax exemptions, but understanding how the IRS treats distributions is vital for making correct financial decisions.  ( 23 min )

Federal Reserve chair Jerome Powell will tell Congress on Tuesday that the central bank needs to keep hiking its benchmark interest rate higher to bring inflation under control—a message that won’t go over too well with some lawmakers.  ( 12 min )

Learn how to insure an engagement ring, the average cost to insure an engagement ring, and the best insurers to turn to for coverage.  ( 14 min )

While you can save for college in a high-yield savings account or with a certificates of deposit (CDs), the three types of college savings plans offer tax advantages that other options lack.  ( 16 min )

Five main categories of taxpayers are exempt from payment under our tax code.  ( 15 min )

A Social Security number (SSN) is a unique identifier assigned to U.S. citizens and some residents to track their income and determine benefits.  ( 19 min )

China's 2023 economic growth forecast, its lowest in three decades, erodes optimism sparked by the economy's reopening from pandemic restrictions.  ( 13 min )

Trust funds are estate planning tools used to accumulate wealth for future generations, and beneficiaries are responsible for paying taxes on money inherited from a trust.  ( 15 min )

A cash advance is a service provided by credit card issuers that allows cardholders to immediately withdraw a sum of cash, often at a high interest rate.  ( 18 min )

Tesla's shares slid today after the electric-vehicle maker reduced prices on its most expensive models.  ( 12 min )

A death benefit is a payout to the beneficiary of a life insurance policy, annuity, or pension when the insured or annuitant dies. Learn about taxation and claiming.  ( 16 min )

The stop-loss order is a simple but powerful investing tool. Find out how you can use it to help you implement your stock-investment strategy.  ( 20 min )

iStar, Getty Reality, and Two Harbors Investment lead for value, growth, and momentum, respectively  ( 14 min )

Light & Wonder, Amadeus IT Group, and Luckin Coffee lead the pack for value, growth, and momentum.  ( 16 min )

In finance, a return is the profit or loss derived from investing or saving.  ( 18 min )

This week’s cryptocurrencies to keep an eye on are Maker (MKR), Synthetix (SNX), XDC Network (XDC), ImmutableX (IMX), and EOS (EOS).  ( 13 min )

Phil Pearlman joins the Express to talk about the importance of harmonizing our financial health with our emotional and physical wellbeing, and the path to getting there. Plus, there are plenty of sectors and stocks breaking out to 52-week highs despite a pretty rangebound market. We name names and get you ready for this week's big labor market reports that will weigh heavily on future rate hikes.  ( 13 min )

With fees, bankruptcy can cost from $1,000 to nearly $5,000, depending on the case and the type of bankruptcy (Chapter 7 or Chapter 13). Learn more about the costs of bankruptcy.  ( 15 min )

The 30-year mortgage average finally took a step back, after surging to an almost four-month high.  ( 11 min )

News of the day for March 6, 2023  ( 10 min )

Signed contracts for homes in Manhattan and Brooklyn jumped in February from the previous month and were still down from the same time last year.  ( 10 min )

The thrift savings plan (TSP) for federal employees has many similarities to the 401(k), although there are key differences, including investment choices.  ( 21 min )

There are a few advantages, along with some significant drawbacks, to using assets targeted for your retirement to pay off your mortgage balance.  ( 19 min )

Don’t assume your IRA custodian will track your deductible and nondeductible contributions. Keeping good records helps you avoid double taxation.  ( 18 min )

Protecting your nest egg involves maximizing savings and minimizing taxes. Here are 10 ways to help make the most of your retirement.  ( 17 min )

A reverse rollover involves moving money from an individual retirement account (IRA) into a 401(k) or other employer-sponsored retirement saving plan.  ( 17 min )

The road to retirement lasts a working lifetime for most. Taking these six steps can ensure it is long-lasting.  ( 15 min )

If you are a U.S. citizen or resident alien, your income–unless exempt–is subject to U.S. income tax, including income that is earned outside the U.S.  ( 16 min )

Normative economics is a perspective of "what ought to be" rather than what actually is, dealing heavily in value judgments and theoretical scenarios.  ( 15 min )

Cafeteria plans allow employees to choose from a variety of different benefit options that are made before any taxes are deducted.  ( 15 min )

Passive activity loss rules are a set of tax regulations that prohibit the use of passive losses to offset taxable earned or ordinary income.  ( 15 min )

The cost of equity is the percentage return demanded by the owners; the cost of capital includes the rate of return demanded by lenders and owners.  ( 16 min )

A Roth 401(k) is an employer-sponsored retirement savings account that is funded with post-tax money. Withdrawals in retirement are tax-free.  ( 23 min )

If you are self employed or run a business, pay attention to this year’s estimated tax deadlines to avoid paying penalties.  ( 17 min )

With the shift away from pensions, workers are becoming more responsible for their own retirement needs. Unfortunately, many are falling short.  ( 19 min )

The concept of smartphones and electric cars seemed like a pipe dream 20 years ago, but today, nearly 6.92 billion people, or 86.4% of the global population, have personal smartphones. Governments worldwide are moving toward a green future by encouraging the use of electric cars instead of vehicles with combustible engines. Investing in burgeoning technologies could increase your wealth within the next two decades. Take look at some of the most promising technologies poised to catch on. Generati  ( 47 min )

Shares of Rivian Automotive Inc. fell more than 7% in the late session Monday, with losses accelerating after the electric-vehicle maker said it was selling...  ( 22 min )

Satellite and online radio broadcaster Sirius XM Holdings (SIRI) announced that it will reorganize its operations and eliminate 8% of its workforce.  ( 11 min )

The top solar stocks include Daqo New Energy for best value, JinkoSolar for fastest growth, and Enlight Renewable Energy for most momentum.  ( 18 min )

Bankrupt crypto exchange FTX is suing Grayscale Investments through affiliate hedge fund Alameda Research as a way to maximize its return to creditors, it said in a Monday press release.  ( 49 min )

Gold is famous for its rarity and that likely won’t change any time soon. In fact, the global demand for gold hit a decade peak in 2022 while its supply continues its nearly 7-year plateau. So gold is in high demand, but will it run out any time soon? The Earth has a limited amount of gold in its crust and experts are estimating that it may be unsustainable to mine gold by 2050. Compared to the nearly 4,000-7,000 year history of humans mining gold, that’s barely a blink of an eye. Peak gold mini  ( 47 min )

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Nvidia Corp.'s financial chief did not appear concerned that some have called for a drying up data-center sales growth as she reasoned that the efficiencies...  ( 26 min )

Nutanix Inc. shares rose then fell in the extended session Monday after the hyperconverged-infrastructure company topped expectations with preliminary...  ( 23 min )

Morgan Stanley recommends 16 stocks to buy before the stock market bottoms, and 19 more for after the trough.  ( 24 min )

(Bloomberg) -- While stock-picking investors wait around trying to decide their next market move, their computer-driven counterparts have no such luxury. Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekUS Banks Are Finally Being Forced to Raise Rates on DepositsTrump’s Threat of a Third-Party Run Is Undercut by ‘Sore Loser’ LawsTesla Slashes Model S and X Prices for the Second Time This YearHolding Cash Will Be a Winning Strategy in 2023, Investors SayThe quants’ ta  ( 49 min )

Federal entitlements spending, including Social Security and Medicare, isn't restrictive enough, writes Peter Morici.  ( 26 min )

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A modest U.S. stock-market recovery from last year’s carnage will be again put to the test this week, as investors closely watch Powell’s testimony to...  ( 25 min )

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Volkswagen’s Scout Motors brand is capitalizing on its U.S. roots, with an EV twist. Scout Motors, named after the spunky off-roader built by now defunct International Harvester, will build its all-electric adventure vehicles from brand new $2 billion plant located in South Carolina. The plant will eventually employ 4,000 workers, and have an annual capacity of 200,000 EVs a year by the time it is up and running. Scout Motors says production will start in 2026, and teased images of two of of its upcoming vehicles.  ( 48 min )

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We started a position in this semiconductor name, but not in other competitors, and this is why; also, we shed some 'light' on a Bullpen stock.  ( 7 min )

China is the top buyer of Russian fossil fuels since the invasion, followed by Germany and Turkey  ( 47 min )

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(Bloomberg) -- Stripe Inc., one of the world’s most valuable startups, told investors it plans to use money it receives in its latest round of fundraising to help cover a roughly $3.5 billion tax bill. Most Read from BloombergHolding Cash Will Be a Winning Strategy in 2023, Investors SayTesla Slashes Model S and X Prices for the Second Time This YearTrump’s Threat of a Third-Party Run Is Undercut by ‘Sore Loser’ LawsUS Banks Are Finally Being Forced to Raise Rates on DepositsTesla’s China Price  ( 48 min )

White House Press Secretary Karine Jean-Pierre said the presidential administration is monitoring Silvergate Bank's situation, and said Congress must act.  ( 47 min )

Kenvue Inc., the consumer products spinoff from Johnson & Johnson has grown the roster of banks underwriting its initial public offering beyond the two...  ( 22 min )

Apple shares jumped Monday as Goldman Sachs initiated coverage of the company with a buy rating.  ( 48 min )

Morgan Stanley recommends 16 stocks to buy before the stock market bottoms, and 19 more for after the trough.  ( 24 min )

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The company's plan to to turn itself around by building up its third-party chip-manufacturing business faces serious obstacles, BofA Global Research says.  ( 23 min )

The U.S. Securities and Exchange Commission (SEC) was granted emergency relief by a Florida court on Monday to freeze and appoint a receiver for the assets of Miami-based crypto hedge fund BKCoin and one of its co-founders, Kevin Kang.  ( 47 min )

Wall Street is shuffling coverage of the American industrial conglomerate as the company breaks itself up into three pieces.  ( 24 min )

(Bloomberg) -- JPMorgan Chase & Co. strategists are throwing fresh light on their contentious warning that the craze for zero-day options raises the risk of a market-wide “Volmageddon 2.0.”Most Read from BloombergUS Banks Are Finally Being Forced to Raise Rates on DepositsTrump’s Threat of a Third-Party Run Is Undercut by ‘Sore Loser’ LawsTesla Slashes Model S and X Prices for the Second Time This YearHolding Cash Will Be a Winning Strategy in 2023, Investors SayBrits Say Prince Harry Should Att  ( 49 min )

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The conglomerate's stock outperformed the S&P 500 in 2022, but it has lagged behind so far this year.  ( 24 min )

As one of crypto's crucial U.S. banking partners stands on the brink, JPMorgan remains optimistic about Signature Bank.  ( 46 min )

Most of our lives are spent working. The disappointment grows if we are not connected to what we do–and when it's not aligned with what we want to represent.  ( 49 min )

‘I am contributing 15% to my 401(k) between my input and the company match.’  ( 28 min )

These companies have been raising dividends significantly and steadily for at least five years.  ( 28 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

The wireless carrier added a $2 per phone monthly fee as it looks to reinvigorate growth at its consumer unit.  ( 24 min )

An experimental drug showed an annualized improvement of height velocity of 3.03 centimeters per year in a study including 10 children.  ( 24 min )

Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com.  ( 25 min )

Russia's budget deficit jumped in the first two months of the year as Vladimir Putin suffered a slump in oil and gas takings amid sanctions triggered by his war in Ukraine.  ( 67 min )

Lordstown Motors Corp (NASDAQ: RIDE) reported a fourth-quarter FY22 net sales of $0.194 million, missing the consensus of $1.29 million. The EPS loss of $(0.45) missed the consensus loss of $(0.27). The total operating expenses declined 12.3% Y/Y to $74.3 million. The operating loss of $(104.1) million compared to a $(400.5) last year. The company held $221.7 million in cash and equivalents. Lordstown expanded and strengthened its partnership with Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precis  ( 46 min )

NJOY is one of the few e-cigarette makers whose products have clearance from federal regulators.  ( 24 min )

While 2023 is still relatively young, the markets have already proved to be extremely difficult to navigate this year. Bullish in January, bearish in February and back to the bull again so far in March, the swings make it impossible to know what’s up next. One simple solution to help make sense of the confusion is to just take a leaf out of the “legendary investor” playbook. And hardly any come more legendary than George Soros. Some quarters might not be too keen on the “man who broke the bank o  ( 49 min )

As China tries to turn the page on one of its worst stretches of growth since the 1970s, its economy is being weighed down by the colossal debts of its local governments.  ( 27 min )

Apple's stock rallied toward a third straight gain after a Goldman analyst recommended that investors buy, given the stock's nearly 30% upside.  ( 24 min )

It is Tesla’s second round of price reductions this year as the electric-car maker struggles with demand.  ( 24 min )

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Deal with NJOY Holdings aims to capitalize on the potential of smoke-free tobacco while swapping ownership stake in Juul for intellectual-property rights.  ( 24 min )

(Bloomberg) -- At the height of the Covid-19 pandemic, with his job as a delivery driver bringing plenty of overtime and the cost to borrow at record lows, James Kebe went on a spending spree. He leased a boat and an all-terrain vehicle, and when his bank offered him a bigger line of credit, he maxed it out.Then interest rates started rising at their fastest pace in generations. And because Kebe’s line of credit had a floating rate, his monthly payments soared, too. The cost of his debt has now  ( 51 min )

Several issues with electric-vehicles were announced by the National Highway Traffic Safety Administration Monday.  ( 23 min )

The electric-vehicles start-up reported a fourth-quarter loss of 45 cents a share from $194,000 in sales. Wall Street was looking for a 32 cent per share loss from roughly $7 million in sales.  ( 24 min )

The market should be paying more attention to the tech giant’s installed user base and recurring revenue growth from services, or as Goldman analysts put it, the 'Apple-as-a-Service' opportunity.  ( 24 min )

Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.  ( 50 min )

When it comes time to start taking your retirement income, you'll hopefully have an array of options available to you. Just be sure to avoid these mistakes.  ( 48 min )

Opening a Roth IRA after 60 means you don't have to worry about an early withdrawal penalty, but you'll have to wait five years to take out money tax-free.  ( 49 min )

Companies such as Apple and Berkshire Hathaway are garnering much higher interest income as short-term rates have risen above 4%.  ( 23 min )

The electric-vehicle company lowers the tags on the Model S and Model X. Jefferies analyst Philippe Houchois is now looking for $230 a share from $180.  ( 23 min )

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The Federal Reserve is not likely to change its hawkish stance anytime soon.  ( 47 min )

The electric-vehicles start-up reported a fourth-quarter loss of 45 cents a share from $194,000 in sales. Wall Street was looking for a 32 cent per share loss from roughly $7 million in sales.  ( 24 min )

Altria agrees to pay at least $2.75 billion for NJOY as it switches vaping strategy.  ( 26 min )

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Vistra Corp. said Monday it will pay $3 billion to acquire Energy Harbor Corp. and combine it with a new unit called Vistra Vision, a retail electricity and...  ( 22 min )

Oil futures fall Monday, with analysts tying the softer tone to disappointment in the growth target set by China's National People's Congress.  ( 24 min )

The communications and network infrastructure provider, posted record revenue of $1.06 billion for the quarter that ended January.  ( 23 min )

Silvergate Capital Corp. stock fell 9.7% in premarket trades Monday after the company announced it’s shutting down its crypto currency payments network...  ( 23 min )

U.S. stock futures were flat ahead of the open on Monday, kicking off the start of the week with little direction.  ( 47 min )

The electric-vehicle company lowers the tags on the Model S and Model X. Jefferies analyst Philippe Houchois is now looking for $230 a share from $180.  ( 23 min )

Realty Income Corp. said Monday it reached a $1.5 billion sale leaseback deal to acquire up to 415 single-tenant convenience store properties located in the...  ( 22 min )

Altria Group Inc. said Monday it has agreed to acquire NJOY Holdings Inc. for about $2.75 billion cash to be paid at closing. The tobacco giant said the deal...  ( 23 min )

Shares of Ciena Corp. shot up 9.6% toward a 6 1/2-month high in premarket trading Monday, after the optical networking company reported fiscal first-quarter...  ( 23 min )

Morgan Stanley's Mike Wilson, who warned of a 'death zone' for investors last month, says at least the short term, this rally can keep going.  ( 27 min )

(Bloomberg) -- US banks are being forced to do something they haven’t done for 15 years: fight for deposits.Most Read from BloombergHolding Cash Will Be a Winning Strategy in 2023, Investors SayWorld’s Riskiest Markets Stumble Into Crisis With Dollars ScarceMortgage Lenders Are Selling Homebuyers a LieTesla Slashes Model S and X Prices for the Second Time This YearChina’s Cautious Growth Target Limits Help to World EconomyAfter years of earning next to nothing, depositors are discovering a trove  ( 49 min )

Issues in the latest car recalls from Ford, Tesla, Dodge, Jeep and Toyota include loose bolts, overheating clutches and faulty keys and more.  ( 48 min )

The market should be paying more attention to the tech giant’s installed user base and recurring revenue growth from services, or as Goldman analysts put it, the 'Apple-as-a-Service' opportunity.  ( 23 min )

Have a question about your financial adviser or looking for a new one? Email picks@marketwatch.com.  ( 24 min )

It can even remove decision fatigue.  ( 25 min )

Many high-yield savings accounts and CDs are paying more than they have in about 15 years.  ( 23 min )

(Bloomberg) -- Goldman Sachs Group Inc. is recommending buying Apple Inc. shares for the first time in nearly six years, after being mostly on the sidelines as the iPhone maker’s stock more than quadrupled in value.Most Read from BloombergHolding Cash Will Be a Winning Strategy in 2023, Investors SayWorld’s Riskiest Markets Stumble Into Crisis With Dollars ScarceMortgage Lenders Are Selling Homebuyers a LieChina’s Cautious Growth Target Limits Help to World EconomyForget Peak Oil Demand: A Thirs  ( 47 min )

Young electric-vehicle makers that worried last year about producing enough autos are now concerned about selling them.  ( 26 min )

Tesla cuts U.S. prices on the Model S and Model X, Ciena is scheduled to report earnings before the opening bell Monday.  ( 23 min )

The market simply does not know what it wants.  ( 47 min )

Stock futures are pausing for breath following a two-day bounce that broke a three-week losing streak.  ( 24 min )

(Bloomberg) -- Morgan Stanley’s Michael Wilson pivoted on the short-term outlook for US stocks, saying the rally may have room to run before earnings headwinds increase.Most Read from BloombergHolding Cash Will Be a Winning Strategy in 2023, Investors SayWorld’s Riskiest Markets Stumble Into Crisis With Dollars ScarceMortgage Lenders Are Selling Homebuyers a LieChina’s Cautious Growth Target Limits Help to World EconomyForget Peak Oil Demand: A Thirst for Barrels Puts $100 in View“Equity markets  ( 47 min )

(Bloomberg) -- Revenue growth at Sea Ltd. is set to grind to a halt, a dramatic reversal of the triple-digit percentages that once made the gaming and e-commerce giant a symbol of Southeast Asia’s internet boom.Most Read from BloombergHolding Cash Will Be a Winning Strategy in 2023, Investors SayWorld’s Riskiest Markets Stumble Into Crisis With Dollars ScarceMortgage Lenders Are Selling Homebuyers a LieChina’s Cautious Growth Target Limits Help to World EconomyForget Peak Oil Demand: A Thirst fo  ( 48 min )

General Electric meets with investors and analysts in Cincinnati, Ohio this week. Here's what's on the agenda.  ( 23 min )

The development of India into a major smartphone production base has sparked increased concerns across Chinese social media that mainland China is at risk of losing its primary role in Apple's manufacturing supply chain. That sentiment intensified last week on reports that Apple supplier Foxconn Technology Group plans to invest about US$700 million on a new plant in India to boost local production, signifying an accelerated shift of production away from China amid escalating tensions between Bei  ( 49 min )

Once Credit Suisse’s largest shareholder, Harris Associates no longer holds any stock in the Swiss bank, which warned of losses for this year and witnessed unprecedented client exodus.  ( 47 min )

The exchange announced the suspension on Saturday, adding that withdrawals through wire transfers, including SWIFT, will be halted from March 10.  ( 46 min )

“I can’t get my money out. The government is restricting the flow of money out of the country,” said the veteran investor.  ( 48 min )

Caisse de Depot et Placement du Quebec, Canada’s second-largest public pension, sold 20% or more of stakes in AMD, Intel, Nvidia, and Micron Technologies stock in the fourth quarter.  ( 24 min )

(Bloomberg) -- The dollar’s recovery from a 10-month low has run into a speed bump, with the rally in the currency trailing behind the sizzling surge in Treasury yields. Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieHolding Cash Will Be a Winning Strategy in 2023, Investors SayChina’s Cautious Growth Target Limits Help to World EconomyForget Peak Oil Demand: A Thirst for Barrels Puts $100 in ViewWorld’s Riskiest Markets Stumble Into Crisis With Dollars ScarceHere are three  ( 47 min )

Companies such as Apple and Berkshire Hathaway are garnering much higher interest income as short-term rates have risen above 4%.  ( 23 min )

(Bloomberg) -- A gauge of Asian shares advanced along with US and European equity futures while Chinese stocks fell, weighed down by a modest economic growth target that diminishes the prospect of more stimulus from Beijing.Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieWorld’s Riskiest Markets Stumble Into Crisis With Dollars ScarceChina’s Cautious Growth Target Limits Help to World EconomyForget Peak Oil Demand: A Thirst for Barrels Puts $100 in ViewAmazon Is Closing Its  ( 48 min )

(Bloomberg) -- A price war among electric vehicle makers in China is taking a toll on even the most resilient players, as evidenced by BYD Co.’s staggering $18 billion drop in the past month.Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieChina’s Cautious Growth Target Limits Help to World EconomyForget Peak Oil Demand: A Thirst for Barrels Puts $100 in ViewWorld’s Riskiest Markets Stumble Into Crisis With Dollars ScarceHolding Cash Will Be a Winning Strategy in 2023, Invest  ( 46 min )

(Bloomberg) -- Harris Associates stock picker David Herro sold the firm’s entire stake in Credit Suisse Group AG, ending ties with the bank after about two decades of ownership and piling further pressure on the troubled Swiss lender’s leadership.Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieHolding Cash Will Be a Winning Strategy in 2023, Investors SayChina’s Cautious Growth Target Limits Help to World EconomyForget Peak Oil Demand: A Thirst for Barrels Puts $100 in ViewW  ( 47 min )

The warrants, which amount to long-term call options, have a superlong maturity of 28 years.  ( 25 min )

The average stock-based compensation for the software industry rose from 4.2% of revenue in 2012 to 22.5% in 2021.  ( 24 min )

The retail chain now has 333 stores, and is expanding into the Northeast. It has seen steady growth, high profitability, and low debt. And there’s no reason that its growth won’t continue.  ( 23 min )

“Efficiency” has become a rallying cry amid scrutiny as customers rein in spending.  ( 24 min )

Bitcoin and other top 10 cryptocurrencies fell on Monday morning amid concern about the troubled crypto bank Silvergate.  ( 47 min )

Don’t assume your IRA custodian will track your deductible and nondeductible contributions. Keeping good records helps you avoid double taxation.  ( 18 min )

Exxon Mobil Corp. violated federal law for failing to take sufficient action as five hangman’s nooses were displayed at its facility in Baton Rouge,...  ( 24 min )

ALSO: CoinDesk columnist Chief Insights Columnist David Z. Morris considered the gathering of the Etherians at ETHDenver, all working together to build; Bitcoin stands on a precipice above $22.4K.  ( 49 min )

March has entered the frame and comes in the wake of two contrasting months. The year started off with stocks in a hurry to put 2022’s miserable action to bed, pushing higher right out of the gates. Yet, February proved a wake-up call for those anticipating a full-on bull market, as many stocks pared back a big chunk of those gains. So, what’s next? Morgan Stanley’s Chief Investment Officer Mike Wilson says 2023’s early rally was a ‘bull trap.’ Wilson predicts more pain ahead for investors, call  ( 49 min )

News of the day for March 6, 2023  ( 1 min )

U.S. stocks were mostly flat on Monday, March 6, 2023, with testimony from the Fed chair and February labor data looming later in the week.  ( 1 min )

Tesla's shares slid today after the electric-vehicle maker reduced prices on its most expensive models.  ( 1 min )

Satellite and online radio broadcaster Sirius XM Holdings (SIRI) announced that it will reorganize its operations and eliminate 8% of its workforce.  ( 1 min )

De prijzen van koopwoningen zijn sinds 2013 het hardst gestegen in Haarlem, de Zaanstreek en de regio Amsterdam. Het gaat om stijgingen tot 130 procent in minder dan tien jaar. Dat blijkt uit cijfers van statistiekbureau CBS. In grote delen van Zeeland bleef de stijging 'beperkt' tot zo'n 70 procent.  ( 3 min )

De gasprijs in Europa is maandag gedaald naar het laagste niveau sinds de zomer van 2021. De prijs per megawattuur daalde op de toonaangevende Amsterdamse gasbeurs tot onder de 43 euro.  ( 3 min )

Het onlangs failliet verklaarde Lightyear heeft vorig jaar een verlies van 63,9 miljoen euro in de boeken gezet. Ook heeft de producent van zonneauto's een schuld van zo'n 12 miljoen euro. Dat blijkt uit het faillissementsverslag, waarover RTL Nieuws als eerste berichtte.  ( 3 min )

Gebruikers van WhatsApp zijn niet meer verplicht wijzigingen in de gebruiksvoorwaarden te accepteren. Dat is het resultaat van onderhandelingen tussen Brussel en de berichtendienst. De afspraken moeten voorkomen dat de berichtendienst nieuwe regels kan opleggen die nadelig zijn voor gebruikers.  ( 3 min )

Het aantal mensen dat gebruikmaakt van een voedselbank is in de eerste maanden van dit jaar gestabiliseerd. Dit komt volgens Voedselbanken Nederland door de verhogingen van uitkeringen en het energieplafond. Eind vorig jaar nam de vraag naar voedselpakketten nog flink toe.  ( 3 min )

Vrijwel alle hypotheekverstrekkers hebben hun rentes vorige week verhoogd. Daardoor is het gemiddelde tarief voor wie zijn rente voor bijvoorbeeld tien of twintig jaar wil vastzetten voor de derde week op rij gestegen.  ( 3 min )

De stakingen in het streekvervoer gaan onverminderd door. Vandaag, woensdag en vrijdag wordt het werk neergelegd. Werkgevers en vakbonden kunnen het nog steeds niet eens worden over een nieuwe cao voor de dertienduizend werknemers.  ( 3 min )

TikTok wil ervoor zorgen dat gegevens van Europese gebruikers niet zomaar naar het moederbedrijf in China gaan. Steeds meer bedrijven en overheden doen het sociale netwerk in de ban uit angst voor spionage door de Chinese overheid.  ( 3 min )

Op de verpakkingen van Toblerone-repen staat in de toekomst niet langer de karakteristieke Matterhorn. Fabrikant Mondelez verplaatst een deel van de productie naar het buitenland, waardoor de reep niet Zwitsers genoeg is. Typisch Zwitserse uitingen zijn daarom niet meer toegestaan.  ( 3 min )

Vorig jaar is voor 47 miljard kilowattuur stroom geproduceerd uit hernieuwbare bronnen. Dat is 20 procent meer dan het jaar ervoor, meldt statistiekbureau CBS maandag. Vooral de hoeveelheid zonne- en windenergie nam toe, met respectievelijk 54 en 17 procent.  ( 3 min )

China verhoogt de defensiebegroting voor dit jaar met 7,2 procent. Door die verhoging komt het Chinese defensiebudget uit op 1,55 biljoen yuan (ruim 210 miljard euro). Dat maakte China zondag bekend tijdens de opening van het Nationale Volkscongres in Peking.  ( 4 min )

Prijzen van graan zijn weer op het niveau van voor de Oekraïneoorlog. Maar dat betekent niet dat brood meteen veel goedkoper wordt. Energie- en loonkosten gooien roet in het eten.  ( 4 min )

Net investment income (NII) is the total of payments received from assets such as bonds, stocks, and mutual funds, loans, minus the related expenses.  ( 17 min )

With Yamato Holdings leading the pack, these are the 10 biggest trucking companies by 12-month trailing revenue.  ( 14 min )

An Extended IRA allowed a second-generation beneficiary to withdraw assets at a rate based on the life expectancy of the first-generation beneficiary.  ( 15 min )

Led by PetroChina Co. Ltd, these are the 10 biggest Chinese companies by revenue.  ( 13 min )

Estate planning determines who will inherit your IRA, 401(k), or other retirement accounts.  ( 19 min )

Not all employed workers have access to a 401(k), but there are several alternative ways to save for retirement.  ( 15 min )

Five cases in which keeping your plan in place—or employing another non-IRA strategy—is the better move.  ( 17 min )

Over-line is an amount of insurance or reinsurance that exceeds an insurer's or reinsurer's normal capacity.  ( 12 min )

A dollar bear is an investor who is pessimistic, or "bearish," about the prospects of the U.S. dollar (USD). They are the opposite of a dollar bull.  ( 13 min )

You know that a home equity loan is a great way to fund big expenses like home repairs or investment properties—but is it affordable?  ( 15 min )

Travel expenses are costs incurred while traveling specifically for the purpose of conducting business-related activities.  ( 14 min )

Unrelated business taxable income (UBTI) is income generated by a tax-exempt entity by means of taxable activities.  ( 15 min )

A principal residence is the home that a person inhabits and uses most of the time.  ( 15 min )

Form 8949: Sales and Other Dispositions of Capital Assets is a tax form used to report capital gains and losses from investments.  ( 15 min )

Some Vanguard funds are better than others for a Roth IRA. Investors use these funds to diversify with equities, bonds, and real estate investment trusts.  ( 18 min )

Business expenses are costs incurred in the ordinary course of business. Business expenses are tax-deductible and are always netted against business income.  ( 15 min )

Learn about robo Roth IRAs and if you should consider using a robo-advisor to manage your Roth IRA.  ( 16 min )

A flat tax system applies the same tax rate to every taxpayer regardless of their income bracket. Discover more about the flat tax system here.  ( 16 min )

The earned income tax credit (EITC) is a tax credit in the U.S. that benefits certain taxpayers who earn low incomes from work in a particular tax year.  ( 18 min )

For tax purposes, a deductible is an expense that can be subtracted from adjusted gross income in order to reduce the total amount of taxes owed.  ( 18 min )

A non-refundable tax credit is a tax credit that can only reduce a taxpayer’s liability to zero.  ( 18 min )

The Bureau of Labor Statistics will release the January Job Openings and Labor Turnover Survey on Wednesday, and the February jobs report on Friday.  ( 23 min )

(Bloomberg) -- China’s annual National People’s Congress, the first since Beijing brought an abrupt end to three years of crippling Covid Zero restrictions, has begun with a modest target for economic growth and few hints of past stimulus extravagance.Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieStock Market’s Fate Comes Down to the Next 13 Trading SessionsChina’s Cautious Growth Target Gives World Economy Little HelpWorld’s Riskiest Markets Stumble Into Crisis With Dolla  ( 49 min )

With Yamato Holdings leading the pack, these are the 10 biggest trucking companies by 12-month trailing revenue.  ( 14 min )

Led by PetroChina Co. Ltd, these are the 10 biggest Chinese companies by revenue.  ( 13 min )

Retail earnings, jobs data, Disney CEO Bob Iger speaking and Apple's investor day lead a busy week ahead for investors.  ( 47 min )

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Estate planning determines who will inherit your IRA, 401(k), or other retirement accounts.  ( 19 min )

Once a crucial banking partner for the crypto firms, Silvergate Capital (SI) is now on the cusp of failure.  ( 48 min )

Investors await a marquee report on the state of the U.S. labor market, along with testimony by Fed Chair Jerome Powell amid rising Treasury yields.  ( 25 min )

Five cases in which keeping your plan in place—or employing another non-IRA strategy—is the better move.  ( 18 min )

The exchange was intertwined with an American firm portrayed as independent. Now, regulators are circling.  ( 24 min )

Seats once reserved for web executives are redistributed as Beijing’s priorities shift amid rising technology competition with the U.S.  ( 27 min )

(Bloomberg) -- Four major events over the next 13 trading sessions will be the key catalysts in determining whether this year’s stock-market revival gets derailed or starts rolling again after a February slump.Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieChina’s Modest GDP Growth Target Reduces Need for More StimulusWorld’s Riskiest Markets Stumble Into Crisis With Dollars ScarceAmazon Is Closing Its Cashierless Stores in NYC, San Francisco and SeattleRussia Is Getting Ar  ( 48 min )

These recently downgraded names are displaying both quantitative and technical deterioration.  ( 12 min )

The big picture is mixed for Ford investors: Ford's historic EV transformation is likely necessary, but it's taking longer than expected.  ( 51 min )

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The outlook for automotive chips is robust, as e-vehicle sales grow and automation increases across all vehicles and their production.  ( 25 min )

A critical Social Security fund is projected to run out by 2035 — but that could happen even sooner.  ( 49 min )

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(Bloomberg) -- Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieChina’s Modest GDP Growth Target Reduces Need for More StimulusAmazon Is Closing Its Cashierless Stores in NYC, San Francisco and SeattleRussia Is Getting Around Sanctions to Secure Supply of Key Chips for WarWorld’s Riskiest Markets Stumble Into Crisis With Dollars ScarceSaudi Arabia signaled it sees oil demand picking up in Asia and Europe by raising most prices for crude shipments to the regions.While oil futu  ( 47 min )

The February jobs report and two days of testimony from Fed Chair Jerome Powell will highlight the schedule in the week ahead for investors.  ( 48 min )

The government offers several incentives for retirement accounts like 401(k)s. For instance, they're a tax-deferred investment, meaning you won't pay taxes on them until you withdraw. 401(k) deposits also don't count as taxable income during the year that you make them, … Continue reading → The post Using Your 401(k) to Pay Off Your Mortgage appeared first on SmartAsset Blog.  ( 49 min )

Are you wondering how to invest $100,000 and turn it into $1 million? With some patience and smart investing moves, it's not out of reach. Learn more here.  ( 50 min )

If you have $100,000 to invest for income, you can earn anywhere from a fraction of a percentage point to as much as nearly 10% on your money. Some interest-earning investments are guaranteed safe by the U.S. government, others are … Continue reading → The post How Much Interest Can I Earn on $100,000? appeared first on SmartAsset Blog.  ( 48 min )

For older Americans, living off the interest and returns of your retirement account is how retirement is structured. The goal is that by the time you hit your late 60s you will ideally have enough saved up to coast indefinitely. … Continue reading → The post How Much Interest Does $2 Million Pay Monthly? appeared first on SmartAsset Blog.  ( 51 min )

CVS came to dominate the retail pharmacy industry and beyond. Some experts wonder whether retail's reach into health care could go too far.  ( 49 min )

CVS came to dominate the retail pharmacy industry and beyond. Some experts wonder whether retail's reach into health care could go too far.  ( 50 min )

(Bloomberg) -- Hospitals delaying surgery in Sri Lanka. International flights suspended in Nigeria. Car factories shuttered in Pakistan.Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieAmazon Is Closing Its Cashierless Stores in NYC, San Francisco and SeattleChina’s Modest GDP Growth Target Reduces Need for More StimulusRussia Is Getting Around Sanctions to Secure Supply of Key Chips for WarSingapore PM Lee’s Estranged Brother Weighs Presidential RunIn some of the world’s mos  ( 49 min )

Goodbye girl boss era, hello girl moss era.  ( 48 min )

Ontario Teachers’ Pension Plan exited its investment in Caterpillar stock, sold Microsoft, and bought Comcast and Visa in the fourth quarter.  ( 24 min )

Experts weigh in on the changes March and beyond will bring to the housing market.  ( 24 min )

Let’s face it, you’re too old for roommate drama — but living alone comes with its own set of financial challenges.  ( 48 min )

The Boston buyout legend failed to keep up with early peers including Stephen Schwarzman and Henry Kravis.  ( 25 min )

TARA, TAPAS and TIARA are battling to replace TINA as traders’ favorite investing mantra.  ( 25 min )

(Bloomberg) -- As Covid-19 lockdowns gripped the world in 2020, Bernard Looney, chief executive officer of BP Plc, made a startling admission: He thought that oil demand might never return to its pre-pandemic peak. But recently, Looney has done an about-face. Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieAmazon Is Closing Its Cashierless Stores in NYC, San Francisco and SeattleChina’s Modest GDP Growth Target Reduces Need for More StimulusRussia Is Getting Around Sanctions  ( 49 min )

You can take these tips to the bank — literally.  ( 48 min )

Yields on highly rated corporate bonds have climbed, but many see better value in government debt.  ( 24 min )

The concentration of Chinese stocks and bonds in major benchmarks creates a headache for global investors.  ( 25 min )

With two full months of 2023 behind us, it’s hard to say just how this year is going to shape up. January saw a strong rally, while February was volatile and market analysts and economists are still debating where the long-term trends will head. But what can the retail investor do, while the professionals are debating? A turn to the data may yield some answers – and give clues toward compelling stocks. The Smart Score data tool from TipRanks is specially designed to cut through the fog of uncert  ( 50 min )

Microsoft (NASDAQ:MSFT) is likely to receive approval from the European Commission for its $69 billion acquisition of Activision Blizzard (NASDAQ:ATVI) by offering licensing agreements to competitors, according to a Reuters report on Thursday. The European Commission, which is scheduled to decide on the deal by April 25, will not require Microsoft to divest any assets to obtain approval, according to the sources familiar with the matter.  ( 47 min )

(Bloomberg) -- Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieAmazon Is Closing Its Cashierless Stores in NYC, San Francisco and SeattleChina’s Modest GDP Growth Target Reduces Need for More StimulusRussia Is Getting Around Sanctions to Secure Supply of Key Chips for WarSingapore PM Lee’s Estranged Brother Weighs Presidential RunCommodity traders likely saw a record $115.6 billion in gross margin last year on market volatility driven by Russia’s war in Ukraine, according to  ( 46 min )

(Bloomberg) -- Chinese markets may come under pressure again on concerns that authorities will withhold stimulus after unveiling a conservative economic growth target that is below many investors’ expectations. Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieAmazon Is Closing Its Cashierless Stores in NYC, San Francisco and SeattleSingapore PM Lee’s Estranged Brother Weighs Presidential RunRussia Is Getting Around Sanctions to Secure Supply of Key Chips for WarChina’s Modest  ( 47 min )

(Bloomberg) -- Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieAmazon Is Closing Its Cashierless Stores in NYC, San Francisco and SeattleSingapore PM Lee’s Estranged Brother Weighs Presidential RunRussia Is Getting Around Sanctions to Secure Supply of Key Chips for WarChina’s Modest GDP Growth Target Reduces Need for More StimulusEuropean Central Bank is set to raise borrowing costs by another half point at its March decision, according to President Christine Lagarde.“It is  ( 47 min )

In the early 1990s, having claimed to have spotted “the green shoots of recovery”, Norman Lamont was widely derided. But it turned out he was right.  ( 48 min )

Some Vanguard funds are better than others for a Roth IRA. Investors use these funds to diversify with equities, bonds, and real estate investment trusts.  ( 18 min )

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Elke week koop je nieuwe kleding terwijl je oude kleren nauwelijks gerecycled worden en soms op enorme vuilnisbelten in de Sahara belanden. Hoe kunnen we duurzaam omgaan met kleding? In de serie Het Kantelpunt kijken we naar positieve keerpunten in de strijd tegen klimaatverandering. Wanneer doen we genoeg?  ( 3 min )

De schaarste aan bloemkool zorgde al voor hoge prijzen, nu zijn ook groenten zoals tomaten, komkommers en paprika moeilijk te krijgen. Het aanbod van groenten en fruit uit Spanje was door de lage temperaturen in het land afgelopen weken kleiner dan normaal. Maar waarom halen we deze groente niet gewoon uit eigen land?  ( 5 min )

Vakanties, verzekeringen, boodschappen, de horeca. Je kunt het zo gek niet bedenken of het wordt duurder. Opvallend genoeg is juist de aanjager van de huidige inflatiegolf - energie - het enige dat momenteel goedkoper wordt. Hoe kan dat?  ( 5 min )

A payroll tax is a percentage withheld from an employee's salary and paid to a government to fund public programs. Learn more about payroll taxes here.  ( 17 min )

A progressive tax imposes successively higher rates on taxpayers who have higher incomes. The U.S. has a progressive tax system.  ( 17 min )

An underpayment penalty is an IRS fee for failing to pay enough of your total tax liability during a year. Here’s how to determine if you owe an underpayment penalty.  ( 18 min )

Follow these six late-stage retirement catch-up tactics to help you build up that nest egg. It is not too late, but if you want to retire comfortably you'll have to be aggressive.  ( 17 min )

Adding CDs to an individual retirement account can have pros and cons. Learn when it makes sense to put CDs in an IRA.  ( 18 min )

A spousal IRA is a strategy that allows a working spouse to contribute to an IRA in the name of a non-working spouse to circumvent income requirements.  ( 16 min )

With Berkshire Hathaway leading the pack, these are the 10 biggest insurance companies by revenue.  ( 14 min )

With Walmart leading the pack, these are the 10 biggest retail companies by 12-month trailing revenue.  ( 15 min )

The IRS caps contributions to retirement savings plans to prevent high earners from benefiting more from the tax breaks than the average worker.  ( 18 min )

A Roth IRA is a retirement plan that comes with many benefits. Learn how to open a Roth IRA in a few steps.  ( 25 min )

Don’t lose out on the tax-free benefits of a Roth IRA by contributing too much or too little, withdrawing money too soon, or making another mistake.  ( 26 min )

With Marriott International leading the pack, these are the 10 biggest hotel companies and REITs by revenue.  ( 15 min )

U.S. regulators are getting serious about cracking down on crypto and Binance is under fire from multiple sides. What's the way forward for the exchange?  ( 14 min )

A qualified disability trust, or QDisT for short, is a kind of trust that qualifies for a tax exemption. Most special needs trusts would meet these requirements.  ( 15 min )

Customers who pay with buy-now-pay-later products also frequently “buy now and pay later” with payday loans, credit cards, pawn loans, and other high-interest financial products signaling financial distress.  ( 11 min )

Organizational behavior (OB) is the study of how people interact within groups and its principles are used to make businesses operate more effectively.  ( 20 min )

A nonprofit has tax-exempt status for furthering religious, scientific, charitable, educational, literary, public safety, or cruelty-prevention causes.  ( 18 min )

The "pink tax" refers to a markup on goods and services marketed to women and for which men pay less for similar products and services.  ( 18 min )

Per diem is one method for reimbursing employees for business travel expenses. "Per diem" or day rate is a fixed amount of reimbursement paid to employees for daily lodging, meals, and incidental expenses incurred during business-related travel.  ( 21 min )

The Smith Maneuver is a Canadian tax strategy that makes interest on a residential mortgage tax-deductible.  ( 19 min )

U.S. stocks posted gains on Friday, March 3, closing the week higher amid speculation that the Fed could ease its inflation-targeting rate hikes.  ( 1 min )

Shares of Facebook, Instagram, and WhatsApp parent Meta Platforms (META) soared after it announced price cuts on its virtual reality (VR) headsets.  ( 1 min )

Goldman Sachs' asset management arm is one of at least a handful of potential Subway buyers, Sky News reported Saturday.  ( 46 min )

Follow these six late-stage retirement catch-up tactics to help you build up that nest egg. It is not too late, but if you want to retire comfortably you'll have to be aggressive.  ( 17 min )

The fund’s performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens.  ( 46 min )

A flurry of advertisers pulled back on ads on the platform after Elon Musk's takeover amid fears about how the site may be affected by changes to moderation and staffing.  ( 23 min )

(Bloomberg) -- US job growth probably moderated last month after a blistering January pace, while the unemployment rate likely held at a 53-year low, illustrating a labor market that’s proved mostly impervious to the Federal Reserve’s massive interest-rate hikes.Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieSingapore PM Lee’s Estranged Brother Weighs Presidential RunAmazon Is Closing Its Cashierless Stores in NYC, San Francisco and SeattleRussia Is Getting Around Sanctions  ( 50 min )

With Berkshire Hathaway leading the pack, these are the 10 biggest insurance companies by revenue.  ( 14 min )

(Bloomberg) -- Goldman Sachs Group Inc.’s asset management arm and Bain Capital are among parties interested in acquiring the sandwich chain Subway, Sky News said.Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieAmazon Is Closing Its Cashierless Stores in NYC, San Francisco and SeattleSingapore PM Lee’s Estranged Brother Weighs Presidential RunRussia Is Getting Around Sanctions to Secure Supply of Key Chips for WarAmazon Pauses Construction on Second Headquarters in Virginia  ( 45 min )

With Walmart leading the pack, these are the 10 biggest retail companies by 12-month trailing revenue.  ( 15 min )

(Bloomberg) -- The Bank of Canada is limited in how much its interest rate increases can lag behind those of the Federal Reserve, with the gap threatening to weaken its currency and fuel inflation, according to an economist at Bank of Nova Scotia.Most Read from BloombergMortgage Lenders Are Selling Homebuyers a LieAmazon Is Closing Its Cashierless Stores in NYC, San Francisco and SeattleSingapore PM Lee’s Estranged Brother Weighs Presidential RunRussia Is Getting Around Sanctions to Secure Suppl  ( 46 min )

This week's seasonally adjusted Mortgage Purchase Application Index came in at the lowest level since 1995.  ( 48 min )

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The IRS caps contributions to retirement savings plans to prevent high earners from benefiting more from the tax breaks than the average worker.  ( 18 min )

Money and investing stories popular with MarketWatch readers over the past week.  ( 24 min )

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The one-time payment adjustment counts certain months toward student loan forgiveness that were previously ineligible under income-driven repayment plans.  ( 48 min )

Don’t lose out on the tax-free benefits of a Roth IRA by contributing too much or too little, withdrawing money too soon, or making another mistake.  ( 26 min )

Family-controlled Dillard’s has combined share buybacks with keeping costs down, inventory tight and staff engaged with “nearly fanatical” customers.  ( 27 min )

Dozens of US multinational companies are shunning Britain because of Jeremy Hunt's tax raid and a lack of economic ambition, KPMG has warned.  ( 48 min )

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Staking is an important revenue stream for crypto exchanges.  ( 26 min )

(Bloomberg) -- Worldwide oil demand is racing toward an all-time high and some of the smartest minds in the industry are forecasting $100-a-barrel crude in a matter of months, but US producers are playing the short game and looking to turn over as much cash as possible to investors.Most Read from BloombergSingapore PM Lee’s Estranged Brother Weighs Presidential RunAmericans Need to Be Richer Than Ever to Buy Their First HomeAmazon Pauses Construction on Second Headquarters in Virginia as It Cuts  ( 50 min )

Homebuyers are paying nearly 50% more on their monthly bill than last year.  ( 47 min )

A tentative six-year pact with the United Auto Workers also provides raises and bonuses for about 7,000 workers in Illinois and Pennsylvania.  ( 26 min )

An alternative to Fixed Index Annuities  ( 26 min )